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