Ina Fried

Recent Posts by Ina Fried

Nvidia Cuts Sales Forecast, Blaming Hard-Drive Shortage, Tegra 2 Decline

Chipmaker Nvidia warned on Tuesday that its current quarter’s sales would fall short of expectations.

The company, whose fourth quarter ends Jan. 29, said it now expects quarterly revenue of about $950 million, as compared with its original expectation of approximately $1.066 billion.

Nvidia said the shortfall was caused in part by the PC-market impact from a global hard-drive shortage brought on by flooding in Thailand. As a result, fewer systems were shipped, and some PC makers opted to scale back on graphics to account for their higher hard-drive costs.

Nvidia also said that its Tegra 2 mobile chip business declined more rapidly than it had expected. The company is currently ramping production for the successor to that chip — the quad-core Tegra 3.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik