Edition:
United Kingdom

Nvidia Reports Qtrly GPU Business Revenue Of $1.98 Bln, Down 20 Pct


Thursday, 14 Feb 2019 

Feb 14 (Reuters) - NVIDIA Corp ::NVIDIA CORP QTRLY GPU BUSINESS REVENUE WAS $1.98 BILLION, DOWN 20 PERCENT FROM A YEAR EARLIER.NVIDIA CORP - QTRLY AUTOMOTIVE REVENUE WAS $163 MILLION, UP 23 PERCENT FROM A YEAR EARLIER AND DOWN 5 PERCENT SEQUENTIALLY..NVIDIA CORP - INVENTORY AT END OF QUARTER WAS $1.57 BILLION, UP FROM $1.42 BILLION IN PRIOR QUARTER AND UP FROM $796 MILLION A YEAR EARLIER.NVIDIA CORP - FOR Q1 CAPITAL EXPENDITURES ARE EXPECTED TO BE APPROXIMATELY $150 MILLION TO $170 MILLION.NVIDIA CORP - SEQUENTIAL DECLINE IN DATACENTER REVENUE IN QUARTER "REFLECTS A BROAD-BASED SLOWDOWN ACROSS OUR CUSTOMERS. ".NVIDIA CORP - YEAR-ON-YEAR DECREASE IN QTRLY OEM AND IP REVENUE PRIMARILY DUE TO ABSENCE OF CRYPTO-CURRENCY MINING GPU SALES.