NVIDIA CFO Anticipates Ongoing Challenges for Gaming Chips Through Year-End
Gaming Chip Supply Issues: The global gaming chip shortage is expected to continue until the end of the year, impacting the gaming industry as consumer demand decreases, leading to lower sales.
NVIDIA's Supply Constraints: NVIDIA's CFO, Colette Kress, highlighted that supply constraints will affect the company's gaming business, with tight supply expected to persist in the upcoming quarters despite strong overall demand.
Economic Indicators: Recent data shows that factory orders in the U.S. for December fell by 0.7%, which is lower than the previous increase of 2.7% and worse than the forecasted decline of 0.5%.
Future Outlook: Kress mentioned that while there may be potential for growth by year-end if conditions improve, it is currently too early to assess the impact on annual growth.
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