![]() economy, it did not expect the drop-off to be this drastic.Īlthough the company likes to dance around the topic, an unknown but significant amount of crypto sales are included in its gaming segment. And while management expected a slowdown in gaming due to weak European demand related to the war in Ukraine, COVID-19 lockdowns in China, and the slowing U.S. You can point to gaming revenue, a significant part of the total revenue, being down 44% sequentially and 33% year over year. ![]() ![]() So what was the culprit for this growth slowdown? This number was far below the $8.1 billion outlook management provided on the first-quarter fiscal 2023 earnings call. ![]() Nvidia's second-quarter fiscal 2023 total revenues of $6.7 billion were down 19% sequentially and only up 3% year on year. ![]()
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