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Category: news    |    Added: 2018-11-17 14:10:12    |    View: 37

What just happened? Nvidia’s stock value has plummeted by nearly 19%, the worst one-day percentage drop in over ten years. The reason: Nvidia expects fourth-quarter earnings to be only $2.7 billion, substantially less than the $3.4 billion expected by analysts. This means the company has lost nearly $25 billion in market capitalization, more than AMD’s entire market cap of $21 billion.

It’s not all bad news, however. The third-quarter earnings themselves weren’t that bad, with Nvidia earning $3.18 billion, or $1.82 per share. While that is slightly less than the $3.24 billion that Wall Street was expecting, it’s still 2% better than last quarter and 21% better than the same period last year. In response, Nvidia increased dividends by 7% to $0.16 per share.

Their earnings report, released on Thursday, claim record profits in the data center, automotive and professional visualization (Quadro) sectors. It isn’t surprising to hear that Quadro RTX is going well, as ray-tracing innovations have had a much larger impact in the professional world compared to the gaming side.

Speaking of ray tracing, investment company Goldman Sachs says that GeForce RTX’s lackluster launch is one of the things that’s contributing to Nvidia’s low expectations of fourth-quarter earnings. Even worse, however, is Nvidia’s overstocked inventory.

“Our near-term results reflect excess channel inventory post the crypto-currency boom, which will be corrected. Our market position and growth opportunities are stronger than ever. During the quarter, we launched new platforms to extend our architecture into new growth markets – RAPIDS for machine learning, RTX Server for film rendering, and the T4 Cloud GPU for hyperscale and cloud.”

Nvidia was expecting the mining boom to continue for longer, so they manufactured more graphics cards than the market ended up requiring. And once the boom was over, there was even less demand for Nvidia’s cards than before, because of the large number of cheap high-end graphics cards that swamped the second-hand market.

As we reported yesterday, one consequence of this is that mid-range Turing cards could take another to six-plus months to arrive, potentially reducing Nvidia’s revenue in the meantime.

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source: Techspot

Category: news    |    3 hours ago    |    View: 8

With a market share north of 61 percent according to StatCounter, Google’s Chrome is far and away the most popular web browser out there. Odds are, you’re probably using it to read this right now and if I were a&hellip;

Category: news    |    3 hours ago    |    View: 0

California is introducing new legislation that expands on current data breach notification requirements. State Attorney General Xavier Becerra announced the proposed bill on Thursday.

Category: news    |    4 hours ago    |    View: 4

The United States' Federal Trade Commission (FTC) agreed to investigate loot boxes last year, and it seems the regulatory agency is following through on that promise now.

Category: news    |    5 hours ago    |    View: 5

If the Israeli lander makes it to the moon, it will be the fourth nation to touch down on the natural satellite joining the US, Russia, and China. What sets it apart from the others is that the mission is&hellip;

Category: news    |    6 hours ago    |    View: 126

Google announced that it will present a keynote at this year's GDC on March 19th in San Francisco. The announcement was paired with a cryptic gif of a long hallway with a light at the end, followed by the text&hellip;

Category: news    |    6 hours ago    |    View: 0

China’s attempt to strong-arm its inhabitants into behaving as model citizens is already having an impact, for better or for worse.

Category: news    |    8 hours ago    |    View: 13

The GR III, teased at Photokina 2018, packs a 24.24-megapixel APS-C size CMOS image sensor that’s mated to an 18.3mm f/2.8 aperture lens. Some may scoff at the camera’s lack of zoom but let me remind you, this is a&hellip;

Category: news    |    9 hours ago    |    View: 1

On now and running until February 25, highlights from the sale include 50 percent off Just Cause 4 and Shadow of the Tomb Raider, bringing the cost of both games down to $29.99. The excellent Windows version of Final Fantasy&hellip;

Category: news    |    9 hours ago    |    View: 0

The return of iconic media franchise The Twilight Zone is just around the bend. On April 1, the rebooted episodic TV show will hit CBS All Access and now we’ve got an idea of what to expect.

Category: news    |    11 hours ago    |    View: 2

The update, which brings the Epic Games Store version of Metro Exodus to build 1.0.1.1 and the Steam build to 1.0.0.1, adds a number of features and fixes. As well as addressing the game’s general stability, owners of Nvidia’s latest&hellip;




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Category: crazytalk-animator-power-tools-cartoon-solution-packs-bundle-download    |    Added: 7 hours ago    |    View: 0
Crazytalk Animator Power Tools Cartoon Solution Packs Bundle Download Crazytalk Animator Power Tools Cartoon Solution Packs Bundle Download - downloadwise.com

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Future Bass MIDI WAV Presets Pack Free Download - downloadwise.com

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Category: dimmdrive-free-download    |    Added: 2 days ago    |    View: 0
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