ParoxysM Posted July 3, 2008 Share Posted July 3, 2008 NVIDIA cuts Q2 sales forecast – shares dive over 20% NVIDIA’s shares have tumbled by over 20 percent in after hours trading after it announced that Q2 revenue was going to fall short of the guidance it provided on 8th May. On top of that it announced a one-time charge of between $150 million and $200 million from weak die/packaging material used in some previous generation GPU and MCP products. This has led to higher than normal failure rates in notebooks with certain configurations. Quote Link to comment Share on other sites More sharing options...
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