🗠Nvidia on track to clear inventory, sticks to bullish outlook
Computer electronics manufacturing giant Nvidia expects to sell the excess chip inventory from previously anticipated bull run fueled demand by the end of this quarter. Talking to analysts and investors recently, Nvidia CFO Colette Kress says the company is farther off on selling computer parts from the same period. Revenue for fiscal 2020 expected to be similar to or slightly below last year.
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