Nvidia's revenue could fall by 19%

Nvidia said its second-quarter revenue could fall 19% from the first

quarter of this year.The reason for the decline in revenue is the results of the gaming direction. There is a decrease in the performance of the gaming industry due to a decrease in sales of personal computers and game consoles. Earlier, Sony and Microsoft's Xbox gaming division cut their forecasts for the next quarter. According to preliminary data, Nvidia reduced sales of graphic cards for desktops and laptops by 44%, to the level of $2.04 billion. Nvidia is due to report full results for the past quarter on August 24th. Preliminary figures show revenue of $6.7 billion from all lines of business. It is noted that the company reduced the amount of revenue from the sale of cards for mining, which brought it $ 266 million a year earlier.