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Analysts concerned about Nvidia "tactical setback" with GPU delay

Published 06/06/2018, 11:56 AM
© Reuters.  Analysts concerned about Nvidia "tactical setback" with GPU delay
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  • Morgan Stanley (NYSE:MS) comments on Nvidia’s (NASDAQ:NVDA) CEO saying it will be “a long time” before the next gaming GPUs.
  • Firm says it needs further color from management on a timeframe but notes that the product cycle was the key to the firm’s growth assumptions in the October and January quarters, pushing gaming ramp to next year.
  • MSCO calls the announcement a “tactical setback.”
  • Source: Notable Calls.
  • Nvidia shares are down 0.4% to $264.16. Shares are up 6.6% in the past week, 10.9% in the past month, and 37% YTD.
  • Previously: Nvidia CEO says next gaming GPUs won't come for "a long time" (June 6)
  • Previously: AMD +5.5% after 7nm GPU unveil, Nvidia CEO comments (June 6)
  • Now read: CEO Huang Sells Nvidia, Insiders Sell, And You Should Too


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