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Nvidia slashes Q4 guidance up to 50%

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Nvidia slashes Q4 guidance up to 50%


Santa Clara (CA) – Today, Nvidia announced they would release official Q4 fiscal quarter results on January 25, 2009. They are revising their forecast down by 40% to 50% sequentially due to weakness in end-user demand and inventory reductions by Nvidia’s channel partners in the global PC supply chain.

No additional information was given. See the press release.