Thursday, February 14, 2019

RTX 2070 / 2080 Sales Disappoint

Whoa...45% year-over-year loss in gaming GPU revenue? Yikes.

Nvidia presented its fourth quarter and fiscal 2019 earnings today, which reflected a surprising 45% year-over-year loss in gaming GPU revenue. Overall the company performed better than expected after it lowered its earnings projections last month, with the $2.21 billion fourth quarter beating expectations and leading to a jump in its share price in after-hours trading (despite the 24% loss in quarterly revenue year-over-year).