News Description
Nvidia sees strong demand, but faces supply constraints
Legit Reviews - November 11, 2009 08:04 AM
Graphics chipmaker Nvidia Corp is seeing strong demand for its products, helped by a recovery in the global economy, its chief executive said on Wednesday. "We have supply constraints across board," Jen-Hsun Huang told reporters in the Indian city of Bangalore. Nvidia last week forecast fourth quarter revenue to be up about 2 percent from the third quarter, well above Wall Street expectations, and said its new server and mobile chips were gaining momentum.
"And the reason for that is demand just spiked up very, very quickly and we are seeing robust demand across the board." He said the company was seeing recovery from all geographies, including U.S. and Europe."
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