Rebecca Ungarino / Business Insider: Finance
Nvidia warns conditions in China led to an extraordinary, unusually turbulent quarter (NVDA) – Nvidia lowered its guidance for the fourth-quarter of fiscal year 2019 Monday, citing significantly weaker economic conditions in China and disappointing sales of its gaming and datacenter platforms. The announcement sent shares plunging by 14%. Q4 was an extraordinary, unusually turbulent, and disappointing quarter, Jensen Huang, founder and CEO, said …
