NVIDIA Corp Says Sequential Growth In Q3 Data Center Revenue Was Impacted By Softness In China

T-Reuters

2022-11-17

NVIDIA Corp :Nvidia Corp - Sequential Growth In Q3 Data Center Revenue Was Impacted By Softness In China.Nvidia - Believe Recent Transition In Verifying Ethereum Crypto Transactions From Proof-Of-Work To Proof-Of-Stake Has Reduced Utility Of Gpus For Crypto Mining.Nvidia - Certain Export Restrictions To China Impacted Q3 Revenue, With Decline Largely Offset By Sales Of Alternative Products Into China.Nvidia Corp - Q4 Capital Expenditures Are Expected To Be Approximately $500 Million To $550 Million.Further Company Coverage: Nvda.O. ((Reuters.Briefs@Thomsonreuters.Com;)).

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