Graphics-Chip Maker Nvidia Lifts Revenue Amid Videogame Boom
Demand for some of Nvidia's chips has been so hot that it has outpaced the company's ability to increase production, adding to chip-supply shortages riling the semiconductor industry. Nvidia's newest graphics cards were a holiday sensation, Chief Financial Officer Colette Kress said during an earnings call. She added that some inventories are likely to remain low in the first quarter even as Nvidia increases supply. "Throughout our supply chain, stronger demand globally has limited the availability of capacity and components," Ms. Kress said. President Biden on Wednesday signed an executive order directing a broad review of supply chains for semiconductors and other critical materials.
Feb-24-2021, 23:25:00 GMT