NVIDIA Warns of 2nd Quarter Revenue Shortfall

The hits just keep coming for NVIDIA. First the company was named as the worst performing stock of 2010, then they lose their case to RAMBUS and now the company is warning of a 2Q revenue shortfall. Ouch. Thanks to R. Groenestein for the heads up.

The Santa Clara, Calif.-based graphics chip supplier said it expects revenue for its second quarter ending August 1 to be lower than the guidance provided with the company's financial results for the first quarter. Nvidia supplies graphics processing units, or GPUs, to all major computer makers, including Hewlett-Packard, Dell, and Apple.

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