Nvidia forecast lags Wall Street as crypto demand evaporates
First crack at Musk could give top Tesla funds an edge
August 16, 2018Applied Materials weak forecast fans concerns over chip boom end
August 16, 2018This post was originally published on this site
Nvidia Corp shares sank as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.