Chipmaker Nvidia sees fewer crypto miners, more gamers in future
Chipmaker Nvidia sees fewer crypto miners, more gamers in future. Too many cryptocurrency clients and fewer cloud computing orders than expected underwhelmed Nvidia investors on Thursday, although the graphics chip maker said a supply shortage that hit its core video game audience had eased.
The Santa Clara, California company for the first time disclosed that it made $289M in sales - about 9% of its overall $3.2B in revenue - from chips for mining cryptocurrencies. CFO Colette Kress said that the company expects cryptocurrency-related revenue to fall 65% to about $100M in the next quarter. Revenue from Nvidia’s data center business rose 71% to $701M, but missed analysts’ estimates. Read more here.
Fandomfare Gaming Entertainment no.1 source in, Gaming news, Live Game Streaming , PC Gaming & related Events E3, Gamecon and more, eSports event news and releases gaming technologies.
Fandomfare Gaming Entertainment Video Games | Game Reviews | Game Streaming |Linux Distribution | more than 20-year online gaming and following the gaming industry\
Latest posts by JADIRI GAMER (see all)
- Sibling rivalry taken to extremes! All new J-Shmup action from Alfa System, ‘Sisters Royale’ arrives globally on Nintendo Switch and PS4 on January 30, 2020! - December 10, 2019
- The Surge 2: Season pass content continues with the Jericho’s Legacy Gear Pack! Get it today! - December 10, 2019
- Fujimi Fantasia Bunko Brings Multiple Universes into Puzzle & Dragons - December 10, 2019