- "We're including no contributions from crypto in our outlook," said Nvidia's CFO Colette Kress.
- Wall Street remains bullish on Nvidia despite the less upbeat outlook.
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Nvidia is sliding after cutting its guidance and saying its crypto boom is over (NVDA)
"We're including no contributions from crypto in our outlook," Nvidia's CFO Colette Kress said on Thursday's second-quarter earnings call.
Nvidia shares are down more than 4% Friday on trading after the chip maker cut its third-quarter revenue guidance and warned that it's crypto business is going to zero.
The chip maker slightly topped Wall Street's expectations on Thursday, but cut its third quarter revenue forecast to $3.25 billion from $3.34 billion due to declining sales from its crypto business.
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