NVIDIA (NVDA) Falls On Share Loss Rumors
Shares of NVIDIA (Nasdaq: NVDA) are under pressure today following cautious comments from a sell-side firm. Shares are down 3.6% in afternoon action.
FTN Equity reportedly said checks suggest HP (NYSE: HPQ) and Dell Inc (Nasdaq: DELL) are reducing use of NVIDIA's GPU's in favor of AMD (NYSE: AMD). The firm also said AMD will likely take GPU share at Apple Inc (Nasdaq: AAPL).
FTN Equity reportedly said checks suggest HP (NYSE: HPQ) and Dell Inc (Nasdaq: DELL) are reducing use of NVIDIA's GPU's in favor of AMD (NYSE: AMD). The firm also said AMD will likely take GPU share at Apple Inc (Nasdaq: AAPL).
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