Nvidia expects second-quarter revenue to drop on gaming weakness


FILE PHOTO The logo of technology company Nvidia is seen at its headquarters in Santa Clara California February 11 2015. REUTERSRobert GalbraithFile Photo

FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith/File Photo

(Reuters) -Nvidia Corp said on Monday it expects second-quarter revenue to drop 19% from the prior quarter on weakness in its gaming business, sending the chip designer's shares down about 7% in premarket trading.

Concerns over inflation are spreading through the U.S. economy, as consumers weigh purchases of items such as laptops and video game consoles.

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