Nvidia Posts Record Sales, Warns of Russia, China Hit - WSJ

2022-09-10 11:02:36 By : Mr. Adam Lin

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https://www.wsj.com/articles/nvidia-posts-record-sales-warns-of-russia-china-hit-11653511781

Graphics-chip maker Nvidia gave a muted sales outlook, citing supply-chain disruptions in China and reduced business in Russia, as it posted record sales for the most recent quarter.

Nvidia said sales in the current quarter are likely to come in at $8.1 billion, missing Wall Street forecasts. The company said it anticipated a roughly $500 million hit to sales relating to Russia and Covid-19 lockdowns in China.

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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.