NVIDIA (NVDA) expects gross margin decrease over next two quarters
NVIDIA anticipates a decrease in its gross margins for the upcoming third and fourth quarters, projecting a drop from 75 percent in Q2 to 74 percent in Q3 and 72 percent in Q4. The company cited supply chain constraints and geopolitical factors as contributing challenges, despite reporting strong revenue of $96.22 billion for the quarter.
- Entities
- Topic: Supply Chain Constraints
- Topic: Financial Results
- Topic: Artificial Intelligence
- Person: Colette Kress
- Person: Jensen Huang
- Company: NVIDIA
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