Nvidia: This Chip Stock is Down but Not Out

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Nvidia: This Chip Stock is Down but Not Out

TipRanks2022-11-27

Story HighlightsNvidia could remain under pressure over the near term due to poor demand in the PC gaming market and macro challenges. Nonetheless, the long-term prospects for the company remain ...

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HHM13
·2022-11-28
Yes, still have high hope on NVDA!
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KYBoo
·2022-11-27
Ggu
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- KYBoo:
  bbb
  2022-11-27
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Pepermintpat
·2022-11-27
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- cozyli:
  ok
  2022-11-28
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psion
·2022-11-27
LIke and comment pl
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- ACECHUA:
  Ok
  2022-11-28
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- Kenny77:
  Nice
  2022-11-27
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- Gladys8jk:
  Ok
  2022-11-27
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Bodoh
·2022-11-27
P/E
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- psion:
  k
  2022-11-27
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Nonetheless, the long-term prospects for the company remain ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nvidia-nasdaqnvda-this-chip-stock-is-down-but-not-out\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://www.tipranks.com/news/article/nvidia-nasdaqnvda-this-chip-stock-is-down-but-not-out","article_id":"1107429119","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1606183248679","url":"https://www.tipranks.com/news/article/nvidia-nasdaqnvda-this-chip-stock-is-down-but-not-out","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1107429119","pubTimestamp":1669514440,"sourceInfo":{"source_id":"lsy1606183248679","name":"TipRanks"},"weMediaInfo":null,"summary":"Story HighlightsNvidia could remain under pressure over the near term due to poor demand in the PC g","collect":0,"end_time":0,"defaultTopTitle":"tipranks.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVDA":"英伟达"},"translate_title":"英伟达：这种芯片股票下跌，但没有出局","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":0.9},"content_text":"Story HighlightsNvidia could remain under pressure over the near term due to poor demand in the PC gaming market and macro challenges. 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Nonetheless, both the metrics declined on a year-over-year basis.Revenue fell 17% to $5.9 billion, while adjusted earnings per share declined 50% to $0.58.Remote work, online education, and the rapid transition of enterprises to the cloud during the pandemic fueled strong demand for Nvidia’s graphics processing units (GPUs) that are used in PC gaming, data centers, and other applications. The company’s sales also gained from strong crypto-mining demand.The demand in PC gaming market has declined since the reopening of the economy. Also, the crypto winter has impacted Nvidia’s GPU sales. Furthermore, theBiden administration’s export controls on advanced chipsadded to Nvidia’s woes. In Q3 FY23, Nvidia’s Gaming revenue declined 51% to $1.6 billion. However, Data Center revenue grew 31% to $3.8 billion. 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and comment pl","listText":"LIke and comment pl","text":"LIke and comment pl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9966617461","repostId":1107429119,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104975966,"gmtCreate":1669596782521,"gmtModify":1669596796129,"authorId":3583096540214259,"author":{"id":3583096540214259,"authorId":3583096540214259,"name":"ACECHUA","avatar":"https://static.tigerbbs.com/3d6bf1e1542321e4f354a78287c1e560","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966617461,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"},{"id":104969741,"gmtCreate":1669521268144,"gmtModify":1669521280884,"authorId":3553679778150469,"author":{"id":3553679778150469,"authorId":3553679778150469,"name":"Kenny77","avatar":"https://static.tigerbbs.com/77c5e512c4b7983d3f3075d8ec4c2f2d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966617461,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Nice</span>","text":"<span class=\"s1\">Nice</span>","html":"<span class=\"s1\">Nice</span>"},{"id":104969081,"gmtCreate":1669517883524,"gmtModify":1669517897070,"authorId":4094787128284850,"author":{"id":4094787128284850,"authorId":4094787128284850,"name":"Gladys8jk","avatar":"https://static.tigerbbs.com/789bbf473867763cd44be080e269826d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966617461,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span 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