Nvidia shares lose half their value, Softbank looks to sell up

[Capaill]

Nvidia desperately needs to invent a new crypto currency.
I'm glad they are finally getting kicked in the nuts for ovecharging us.

 

[hahahanoobs]

Well AMD stock has falllen pretty hard as well right?

Yup, but it's AMD so they get a pass, because users think AMD exists to give us cheaper products so they are defended at all costs. Stupid thinking for sure, but what I do know is AMD stock is so up and down I'm still throwing up!

 

[Storage]

Intel is about to drive them under. Might take until 2020, but they will not be able to keep up.

 

[toooooot]

Turn your face toward us Huanjg, we can forgive you, just give us middle end for 400 and high end for 600.

 

[loki1944]

Yup, but it's AMD so they get a pass, because users think AMD exists to give us cheaper products so they are defended at all costs. Stupid thinking for sure, but what I do know is AMD stock is so up and down I'm still throwing up!

Thinking companies truly care about you past how to squeeze $$ out of you is delusional, but that ludicrous belief permeates AMD advocates' comments. Neither AMD nor NVIDIA care about anything in their endstate except profit.

 

[HyPeroxya]

Its not cypto or RTX thats hurting the stock its that 20% and growing that *was* coming from China.
Without that , and possibly increased costs to move production elsewhere the outlook is bleak.
Maybe they also pitched some AI chips to big AUTO and failed to get a sale? and isnt it overstock of the GP106 , which is even being re-branded and used in 1060's to move the stock. Could be time to buy tho, as they will bounce back, imo.

 

[munchy22]

Rfor me I moved back to nvidia when the top 970 the g1 gamer 970pro was 300 pounds only 3 years ago. I invested in a x34 preditor monitor. and even bought the 1070 amp extreme which was over priced for a mid ranged gpu at 430. Yes 430 pounds is over priced for a mid ranged card. Well now a 2070 which in my opinion should be closer to 300-400 uk pounds not a stagering 520-700 pounds. nvidia are chargeing way to much money for a mid ranged card. hell 500 pounds should give me a watercooled 1070 but at that price id expect to be buying a entry lvl 2080.

rtx isnt the issue for me as I dont play games at 30 fps. the issue is soly nvidias greed. its as if they were in a partnership with intel. I hope this bites them in the arse. anyone wana buy my gsync monitor cause at nvidia prices im out. hell if next year there isnt a viable mid ranged 3070 at 300-400 pounds im gona go all console and forget the gpu.

 

[EEatGDL]

It WAS the cryptomining dearth. Nvidia lied the quarter before saying cryptomining was not substantial. The last quarter they missed their numbers and blamed it on cryptocurrency! Investors were disgusted and it has been selling ever since. That and the US/China trade war. But the catalyst was certainly them missing their numbers last quarter and blaming it on the drop in cryptocurrency sales.

Wow, there are so much speculation that I have to go by parts...
* Lied about the impact of crypto-mining? Where are the investors' lawsuit because of that lie? Do you have the correct internal financial numbers? Any evidence at all about that claim?
Before the slide that started on October (quarterly report released on August):
QoQ gaming revenue increased ~4.76%; QoQ total revenue decreased 2.7%
November's quarterly report:
QoQ gaming revenue decreased 2.3%; QoQ total revenue increased ~1.86%

I would call crypto-mining a "non-substantial impact" based on real numbers. Even total revenue increased in the last quarter, while its stock dropped what we are discussing.

* The US/China trade war is not in effect for electronics yet. Import tariffs to discrete electronic components are still not in place and affecting the electronic industry yet.

* They missed their numbers by a bit, the forecast changed (there's the impact), but that happens all the time across the industry. Forecast is extremely hard and trends can change quickly, so they factor in contracts for delivering in the future and possible continuation of current trends. Renée James left Intel after missing the forecast for her division and neither her division nor the company have collapsed since.

 

[Malakai2k]

R/tifu • Posted by u/Nvidia 89 days ago
TIFU by raising the price of my current product so high that everyone is buying my old products second hand instead and I don't get a cent of those second hand sales.

 

[Jules Mark]

 

[poohbear]

Wow, there are so much speculation that I have to go by parts...
* Lied about the impact of crypto-mining? Where are the investors' lawsuit because of that lie? Do you have the correct internal financial numbers? Any evidence at all about that claim?
Before the slide that started on October (quarterly report released on August):
QoQ gaming revenue increased ~4.76%; QoQ total revenue decreased 2.7%
November's quarterly report:
QoQ gaming revenue decreased 2.3%; QoQ total revenue increased ~1.86%

I would call crypto-mining a "non-substantial impact" based on real numbers. Even total revenue increased in the last quarter, while its stock dropped what we are discussing.

* The US/China trade war is not in effect for electronics yet. Import tariffs to discrete electronic components are still not in place and affecting the electronic industry yet.

* They missed their numbers by a bit, the forecast changed (there's the impact), but that happens all the time across the industry. Forecast is extremely hard and trends can change quickly, so they factor in contracts for delivering in the future and possible continuation of current trends. Renée James left Intel after missing the forecast for her division and neither her division nor the company have collapsed since.

Where are the investor's lawsuits? Here u go sir:

https://cointelegraph-com.cdn.ampproject.org/v/s/cointelegraph.com/news/nvidia-faces-class-action-lawsuit-over-losses-after-diminished-mining-gpu-demand/amp?amp_js_v=a2&amp_gsa=1#referrer=https://www.google.com&amp_tf=From %1$s&ampshare=https://cointelegraph.com/news/nvidia-faces-class-action-lawsuit-over-losses-after-diminished-mining-gpu-demand