Nvidia earnings expected to show record gaming sales despite

Nvidia earnings expected to show record gaming sales despite shortage


Nvidia earnings expected to show record gaming sales despite shortage
MarketWatch
2/22/2021
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Nvidia Corp.’s holiday quarter is expected to produce record revenue, as the chip maker navigates a landscape in which customers struggle to buy its core gaming products.
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Nvidia is expected to report record quarterly revenue of nearly $5 billion in its fourth-quarter results, which are scheduled to arrive Wednesday after the close of markets. Analysts believe that a surge in sales of gaming cards in the holiday quarter will be the main driver: Nvidia’s gaming sales are expected to surge 58% from the year-ago quarter to a record $2.36 billion, topping last quarter’s record of $2.27 billion, according to FactSet tabulations.

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