Quarterly revenue will be below expectations on PC woes, Nvidia says

08/8/2013 | Reuters · Network World · CNET

Nvidia, citing the sluggish PC market, said revenue in the current quarter will be $1.05 billion, lower than the $1.09 billion average estimated by analysts. The company also said it sees Tegra processor revenue decreasing by 40% in 2013, partly because of poor sales of Microsoft's Surface tablet computers. Microsoft and Nvidia are "working really hard" on a second-generation Surface RT tablet, Nvidia CEO Jen-Hsun Huang said.

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Reuters · Network World · CNET

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