nVidia stocks fall in after hours trading

This hits close to home, being a stock holder and all.  However this is hardly unexpected.  In fact given how many companies have "jumped ship" and started producting ATI cards its no wonder.

The company also said it plans to take a charge of $150 million to $200 million during the quarter to cover anticipated warranty, replacement and other costs related to certain defective prior-generation products used in notebook computers.

Shares of Nvidia (NVDA) sank 20.9%, to $14.27, in after-hours trading. The stock had closed down 72 cents at $18.03.

 We can only hope for a quick rebound, at which point buy early and buy often.

Related Web URL: http://money.cnn.com/2008/07/02/technology/nvidia....