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Nvidia resets expectations with warning of quarterly miss due to gaming weakness

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company's event at Mobile World Congress Americas in Los Angeles, California, U.S., on Monday, Oct. 21, 2019.
Patrick T. Fallon | Bloomberg | Getty Images

Nvidia (NVDA) warned on Monday that its second-quarter earnings would widely miss Street expectations when the chipmaker reports results on Aug. 24.