Nvidia Q2 2019: Down 17% On-Year, But Signs of Recovery

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Nvidia has bounced back to beat Q2 expectations posting a decent result despite revenue being down year-over-year.

The Santa Clara GPU specialists posted revenues of $2,579 billion (£2.1 billion) down 17 percent year-on-year. The earnings were a lift from the previous quarter, however, which saw the company struggle amidst a slowing Chinese market and a collapsing cryptocurrency bubble that dragged down GPU sales.

Jensen Huang, founder and CEO of Nvidia commented in a release that: “We achieved sequential growth across our platforms.”

“Nvidia accelerated computing momentum continues to build as the industry races to enable the next

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