Why did Nvidia's Gaming revenue decline in Q3 2025?

Nvidia's Gaming revenue declined in Q3 2025 due to several factors: 1. **Supply Constraints**: Both the Blackwell and H200 product lines are facing supply constraints, which has likely impacted the company's ability to meet demand and generate revenue from gaming chips. 2. **Market Slowdown**: The personal-computer market, which is closely tied to the gaming business, has been experiencing a slowdown. This industry-wide trend has likely contributed to the decline in gaming revenue. 3. **Geopolitical Factors**: New restrictions on sales to China, a significant market for Nvidia, have likely impacted gaming revenue. The company's CFO noted that lower Data Center demand in China, partly due to these restrictions, resulted in an inventory charge of over $700 million. In summary, the decline in Nvidia's Gaming revenue in Q3 2025 can be attributed to a combination of supply constraints, a market slowdown in personal computers, and geopolitical factors affecting sales in China.