From CNN Money

"Nvidia (NVDA) shares slumped almost 30% in early trade after warning late Wednesday that current-quarter sales won't meet forecasts due to slower global demand. The graphics chipmaker also said its gross margin - a key measure of profitability - won't meet forecasts."

http://money.cnn.com/2008/07/03/ma [...] 2008070311

The tables have turned.

Scary. I especially hate the part about those nice SLI motherboards having defects. Oh well, we all knew already that Intel's chipsets are better than nVidia's. I guess sales of X38/X48 and HD 4850/4870 will go up after this.

link to the story aevm is talking about.

http://www.tomshardware.com/news/n [...] ,5815.html

welcome to the global recession

yeah nvidia is getting killed in the low end market by ati's new cards and in the high end market no ones buying because the no one wants to put up with the problems of sli or buy a 600 dollar card that barely beats ati's cards.

well the problems ATI had forced them to produce better and more affordable procucts to compete. Maybe this will give Nvidia a wakeup call.

I agree that is has more to do with the recession and the flaky market right now. Of course having problems with your product line does not help. Just look what it did to AMD. If the market were much stronger I don't think you would see such a huge drop in Nvidia stocks. Just look at what is happening to GM and other large companies.

The price of oil seems to be the only good investment at this time.

UUUHHHHHH? i dont know. Maybe a year ago oil would been a great investment, but it looks like bubble. remember what happened to the dot com and housing bubbles. When this oil buble collapses, it is gonna hurt.


Yeah, nvidia picked the wrong economy to sell $600 cards.

The pricing is out of wack for it to be a big mover @ 600. They are gonna have to drop the pricies.

When the Internet bubble collapsed, people moved money into real estate. So we ended up with a housing bubble. When that burst, money moved into commodities, and we have an oil bubble. Sooner or later that will burst too. I wonder where the money will go - tulips, Internet stocks, something totally new, biotech?

That didn't come out quite the way I intended. Every thing has its limits. Right now oil is king. Not sure if we are going to hit a bubble any time soon with world demand for oil at an all time high and demand going up quicker than supply and then factor in the volatile nature of the middle east and it may just explode right in our faces.

I can't believe nobody's found a good alternative for oil yet. Everybody knew it was needed since around 1974. What's taking them so long???

I heard corn is gold

just look at brazil, they are mostly independent of oil....with their sugarcane ethanol... as the prices of oil goes up and up....they live their lives jes like before. good game america.

i wish sometimes our country could use sources of renewable energy like brazil. unlike the failure of corn ethanol. -_- gg.

I've been an investor in the oil market for over 30 years and I can say that the main problems have been the government, followed by public perceptions that the news media has fostered on the gullible public. At least that applies for why its taking so long. As for alternatives, there are few practical ones. Electric cars and hydrogen powered cars have a load of problems, and airplanes have to have oil based jet fuel. But the government here in the US has been the biggest problem, telling oil/energy companies what they can or, most usually, cannot do, rather than letting the oil/energy companies work freely to develop better and cheaper ways of making energy.