Start with the popular Basic Training for NVDA in electronic text, audio and braille. “The performance is lousy” and “underwhelming” he said of AMD’s latest. We also have a range of training material in the NV Access Shop to help you increase your skills with NVDA. Nvidia (NVDA) CEO Huang had tweaked his rival, AMD, at the CES tech trade show earlier in January over the ray tracing feature, which he said left AMD (AMD) far behind. The aggregate market value of the voting stock held by non-affiliates of the registrant as of Jwas approximately 241. “Turing is off to a slow start due to limited ray tracing ecosystem, and expect adoption to pick up as new titles roll out in the coming quarters,” Pajjuri wrote. Not many games yet take advantage of the improved ray tracing feature, Macquarie Capital analyst Srini Pajjuri noted. But the big performance gains in the new cards was mostly for a feature that simulates light reflections known as ray tracing. Nvidia introduced its latest line of graphics cards for video gamers last year based on its Turing chip design. Some of Nvidia’s problems were company-specific, however. The pullback in spending by cloud data centers was “ more troubling” that the problems selling gaming cards, as the company did little to explain what was happening, he wrote. Similarly, Blayne Curtis at Barclays cut his price target to $175 from $200. “With the additional negative commentary describing a deteriorating macro picture and Chinese gaming at NVIDIA, we continue to believe that AMD is at significant risk of a miss,” Rolland wrote. “Unfortunately it is not to be.”Īnalyst Christopher Rolland, at Susquehanna Financial Group, slashed his price target on Nvidia’s stock to $170 from $210 and warned that other chipmakers like Advanced Micro Devices were also at risk of disappointing. “Admittedly we had hoped (not for the first time unfortunately) that Nvidia might be more insulated from some of these trends,” Rasgon wrote.

Apple was the first to signal lower spending from Chinese consumers and Intel said it experienced weakening spending by cloud services providers, the analyst noted.

Other companies had already warned about troubles from some of Nvidia’s key customers spending less. Given how far Nvidia’s results and its stock price had already fallen, due in large part to declining demand from digital currency miners, the $500 million shortfall “appears considerably more sizable than many had feared,” Bernstein Research analyst Stacy Rasgon wrote. The company said that it had $2.2 billion in revenue, far short of the $2.7 billion it had forecast.ĬEO Jensen Huang blamed China’s slowing economy and a few other factors that added up to what he described as “an extraordinary, unusually turbulent, and disappointing quarter.” Shares of Nvidia, which had already dropped about 34% over the past year, lost another 14% on Monday to close at $138.01.

Nvda news january 2019