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Fear crept back into the crypto market on Wednesday as the industry faced more uncertainty around its future. News events weren't dire, but a drop in the tech sector today was enough to cause a ...
Nvidia shares are down more than 4% Friday on trading after the chip maker cut its third-quarter revenue guidance and warned that it's crypto business is going to zero.
Nvidia, a major tech company that has expanded aggressively into gaming, will pay a $5.5 million penalty for failing to disclose that cryptomining was a significant source of revenue growth from ...
This has been a boon for Nvidia (NVDA), as the outsized demand has added another significant revenue stream. But now that the crypto bull run is coming to an end, investors are getting ji.
Nvidia previously had forecast sales for cryptocurrency chips for the fiscal second quarter ended July 29 of about $100 million. It projected third-quarter revenue of $3.25 billion, plus or minus ...
The graphics processor specialist reported mixed third-quarter results and set the bar very low for the next reporting period, all due to a lack of market interest in cryptocurrency mining.
Shares of Nvidia fell on Wednesday even though the company reported some pretty impressive third-quarter earnings figures after the bell on Tuesday—including a whopping 206% year-over-year ...
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