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In a filing with the U.S. Securities and Exchange Commission, NVIDIA admitted that it has discovered a serious problem with a significant number of its mobile GPUs. The company also said it was lowering its revenue forecast for the second quarter due to pricing pressure and delayed product ramps.
Nvidia will take a charge against second-quarter earnings of US$150 million to $200 million to cover the expected cost of repairing and replacing the products, which include graphics processing units and media and communications processors. It didn't say specifically which of its products were affected.