Nvidia posts second consecutive quarterly loss
 

The recession isn't doing Nvidia any favors. The firm has announced another quarterly loss: $201.3 million on revenue of $664.2 million for its first fiscal quarter, which ended on April 26.

Nvidia tinges the announcement with a note of positivity, saying revenue has grown 38% compared to its previous fiscal quarter. Of course, $664.2 million is still a far cry from the $1.2 billion it posted a year ago—Nvidia's "best first quarter ever." (A year before that, the firm posted a not-quite-as-impressive $844.3 million in sales.)
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