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Nvidia Has Revealed Its Total Profit from Crypto Sales for Q1

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Nvidia Has Revealed Its Total Profit from Crypto Sales for Q1 Empty Nvidia Has Revealed Its Total Profit from Crypto Sales for Q1

Post by Vladdirescu on Mon May 14, 2018 1:10 am

For the first time, the US-based technology company Nvidia has disclosed that it gained $289 million from the sale of company’s products, namely chips, to representatives of the cryptocurrency market in its first quarter. It also predicts much smaller revenue in the next quarter.

“Crypto miners bought a lot of our GPUs in the quarter and it drove prices up. I think that a lot of gamers weren’t able to buy into the new GeForce as a result,” Nvidia’s CEO Jensen Huang said on a conference call.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/nvidia-revealed-profit-from-crypto-sales/

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