imported_jor8888
Member
- Oct 27, 2004
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"Nvidia stock plummeted Thursday, a day after the graphics chipmaker lowered its revenue forecast and said it would have to take a one-time charge of $150 million to $200 million for products that failed in notebooks.
Nvidia stock fell about 30% to less than $13, as investors showed little confidence in the company following its negative reports."
"Nvidia blamed the lower estimate on a drop in demand and on competitive pressure that forced the company to lower pricing. Nvidia's main rival is Advanced Micro Devices, which makes the ATI line of graphics cards. "
How can u not expect a drop in demand for a $600 card when the economic is in a shit hole right now lol.
Nvidia stock fell about 30% to less than $13, as investors showed little confidence in the company following its negative reports."
"Nvidia blamed the lower estimate on a drop in demand and on competitive pressure that forced the company to lower pricing. Nvidia's main rival is Advanced Micro Devices, which makes the ATI line of graphics cards. "
How can u not expect a drop in demand for a $600 card when the economic is in a shit hole right now lol.