Nvidia CEO: Cryptocurrency mining drove a spike in graphics-chip sales
Nvidia reported better-than-expected earnings for its fiscal fourth quarter that ended on January 31. The company said it’s earning non-GAAP revenues of $1.72 a share on revenues of $2.91 billion. Analysts had expected $1.16 a share on revenue of $2.68 billion.
It makes you wonder if all of those rumors about cryptocurrency mining driving up the prices of graphics processing units (GPUs) are true. But for the past couple of quarters, Nvidia hasn’t acknowledged much contribution to it
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