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Gaming Chips

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business2 years ago

Nvidia's Q1 Earnings Impacted by Weak Gaming Chip Demand.

NVIDIA's Q1 earnings are expected to be impacted by weakening demand for its chips used in the gaming end market, which has been hurt by the reopening of economies and global slowdown concerns. The company's revenues from the Gaming market platform plunged 46% YoY in the last reported quarter. The trend is likely to have continued in Q1. NVIDIA currently carries a Zacks Rank #3 (Hold).