The research firm agreed that the recent surge in DRAM prices and short supply of SSD will lead to an increase in PC prices. The decline marked the 11th straight quarter of year-over-year fall, which is the longest duration of decline in the history of the PC industry.Īlso, Gartner’s forward-looking statements make us a shade cautious about the prospects of the PC industry. The preliminary data released by Gartner showed that PC shipments in the second quarter were down 4.3% year over year to 61.1 million units. NVIDIA’s dependence on the PC market continues and therefore is being hurt by adverse conditions. On the flip side, the secular decline in the PC market has affected many chip makers. We also feel that the higher adoption of NVIDIA’s Tegra processors could act as a catalyst, going forward. We believe that NVIDIA’s innovative product pipeline and strength in gaming and high-end notebook GPUs keep it well positioned. Its products, services and software deliver amazing experiences in virtual reality, artificial intelligence and autonomous cars. With singular focus on this field, the company offers specialized platforms for the gaming, automotive, data center and professional visualization markets. Widely known for its video gaming chips, NVIDIA has pioneered the art and science of visual computing. Let's see how things are shaping up for this announcement. Additionally, NVIDIA surpassed the Zacks Consensus Estimate in all the trailing four quarters, with an average positive surprise of 27%. Last quarter, the company posted a positive earnings surprise of 24.2%. NVIDIA Corporation NVDA is set to report second-quarter fiscal 2018 results on Aug 10.
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