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> Our strategy is to reduce the sell-in - reduce the sell-in this quarter, next quarter to let channel inventory correct. Obviously, we're off the highs and the
by somerandomqaguy 4y ago
> Our strategy is to reduce the sell-in - reduce the sell-in this quarter, next quarter to let channel inventory correct. Obviously, we're off the highs and the macro condition turned sharply worse. And so, our first strategy is to reduce sell-in in the next couple of quarters to correct channel inventory. We've also instituted programs to price position our current products to prepare for next-generation products.
-Jensen Huang, Nvidia Q2 Earnings Call to Investors. Paraphrased here: https://nvidianews.nvidia.com/news/nvidia-announces-preliminary-financial-resultsfor-second-quarter-fiscal-2023 https://nvidianews.nvidia.com/news/nvidia-announces-prelimin...
JayzTwoCents has a video that speculates on what it means: https://www.youtube.com/watch?v=15FX4pez1dw https://www.youtube.com/watch?v=15FX4pez1dw
Short version though, Jay thinks NVidia's trying to reduce the supply of 3xxx cards on the market so that they can hopefully keep prices high-ish and position the 4xxx cards at a higher price bracket then the 3xxx, selling both at the same time.
- Melatonic 4y ago*eyeroll* Looks like I will not be buying a new Nvidia anytime soon