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Written by Matthew Cameron
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Wednesday, 02 July 2008 21:19 |
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The stock-power house that is NVIDIA took a slide in after-hours trading, late yesterday. The stock - facing concerns of NVIDIA's execution and market share dove close to $5 a share. Freefalling 27%, NVIDIA is stuck between two rocks and a hard place. The two rocks, Intel and AMD, are standing off to the side enjoying every minute of this. The hard place is that NVIDIA has potentially $150-200 Million in bad parts out in the field. These mobile parts seem to be suffering from a manufacturing error with the die and packaging. It's very possible that NV has released over a million of these faulty parts. In pre-market trading, NVIDIA is down another 1%, taking the total to 28% decrease in a matter of hours.
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