Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. “A lot of what Nvidia is seeing is specific to them.Disclaimer: The TipRanks Smart Score performance is based on backtested results.
“AMD is not preannouncing, Intel didn’t preannounce and Micron said the PC market has looked good,” Mosesmann said, referring to processor makers Advanced Micro Devices Inc and Intel Corp, and memory chip maker Micron Technology Inc. “Market weakness is going to be an issue, but I don’t see any other companies preannouncing their quarters that are on the PC side of things,” said Raymond James & Associates analyst Hans Mosesmann. economy leading to results that are worse than expected. While Nvidia’s warning, coming on the cusp of the quarterly earnings season, could be seen as a harbinger of further earnings warnings, big technology companies so far have not warned of the weak U.S.
It also cited delayed production of a new product and price cuts on some other chips due to a price war. SAN FRANCISCO (Reuters) - Graphics chipmaker Nvidia Corp NVDA.O warned on Wednesday that revenues and gross margin would miss analysts' estimates due in part to weak demand, sending its shares down 25 percent.
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