One of NVIDIA’s fastest-growing segments has hit a roadblock in recent quarters thanks to the competition.

NVIDIA (NASDAQ: NVDA) shareholders heaved a sigh of relief after the company’s second-quarter earnings report for fiscal 2020 turned out to be better than expected, though the year-over-year results were poor. The graphics specialist’s guidance was also good enough to inspire confidence among investors, as it indicates that business is getting back on track.

NVIDIA expects its revenue to decline by just 9% annually in the third quarter, much better than the 17% decline in the previous quarter. The company attributes this to its new gaming GPUs (graphics processing units), which helped NVIDIA cut its teeth in the high-end graphics card market.

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source https://finance.yahoo.com/news/nvidia-remains-under-pressure-amd-174200944.html?.tsrc=rss