Jensen Huang, CEO of Nvidia, speaks to investors about quarterly profits and the pricing adjustment. "We have implemented programs with our partners to reposition the product's price in the sales channel in preparation for the next generation of graphics cards."
Nvidia has confirmed that it has a significant inventory of video cards that have not been sold. NVIDIA's plan is to reduce the amount that we sell to partners in comparison to the amount that they sell to clients so that they may better manage their inventory. In the upcoming fiscal quarters, we are planning to implement that change."
NVIDIA might reduce graphic card prices after releasing quarterly results
