(Reuters) – Chip designer Nvidia Corp predicted third-quarter revenue below market expectations on Wednesday, delivering a one-two punch as weak gaming demand led to a 19% sequential decline in second-quarter sales.
The company expects third-quarter revenue of $5.90 billion, plus or minus 2%, compared with average analysts’ estimate of $6.95 billion, according to Refinitiv data.
(Reporting by Eva Mathews in Bengaluru; Editing by Arun Koyyur)