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Cryptocurrency Hangover Weighs on Nvidia

Nvidia shares tumbled 18% after the chip maker projected declining revenue for the current quarter as it works through excess inventory left over from the cryptocurrency boom......»»

Category: smallbizSource: wsjNov 15th, 2018

Nvidia’s Stock Plunges as Much as 19% as ‘Crypto Hangover’ Weighs on Revenue Growth

"We thought we had done a better job managing the cryptocurrency dynamics," CEO Jensen Huang told investors. Nvidia’s stock plummeted as much as 19.....»»

Category: europeSource: fortuneNov 15th, 2018

NVIDIA Corp. Earnings: A Harsh Cryptocurrency Hangover - Motley Fool

Motley FoolNVIDIA Corp. Earnings: A Harsh Cryptocurrency HangoverMotley FoolThe graphics processor specialist reported mixed third-quarter results a.....»»

Category: topSource: googlenewsNov 16th, 2018

Cathie Wood Loads Up On DraftKings, Coinbase, Palantir, Sells Nvidia, Square

Cathie Wood-led Ark Investment Management on Tuesday snapped up another 236,348 shares of cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN). read more.....»»

Category: blogSource: benzingaApr 21st, 2021

Unlike Nvidia, AMD Doesn"t Mind If You Use Its Gaming GPUs To Mine Ethereum

Advanced Micro Devices, Inc (NASDAQ: AMD) is taking a diametrically opposite stand to Nvidia Corporation (NASDAQ: NVDA) on putting restrictions on the use of its gaming graphics cards for cryptocurrency mining, PC Gamer read more.....»»

Category: blogSource: benzingaMar 22nd, 2021

Earnings Results: Nvidia’s quarterly sales top $5 billion for first time amid holiday scramble for gaming gear

Nvidia Corp. on Wednesday reported that its quarterly revenue blew past last quarter's record-setting sales, as holiday gaming chip demand and renewed interest in cryptocurrency mining met with supply shortages......»»

Category: topSource: marketwatchFeb 24th, 2021

Earnings Results: Nvidia’s quarterly sales topped $5 billion for first time amid holiday scramble for gaming gear

Nvidia Corp. on Wednesday reported that its quarterly revenue blew past last quarter's record-setting sales, as holiday gaming chip demand and renewed interest in cryptocurrency mining met with supply shortages......»»

Category: topSource: marketwatchFeb 24th, 2021

: Nvidia releasing dedicated crypto-mining product amid shortage of gaming cards

Nvidia Corp. on Thursday introducing a specialized product for mining cryptocurrency while throttling mining capabilities in their gaming cards, an attempt to avoid a replay of difficulties caused by demand from crypto miners in recent years......»»

Category: topSource: marketwatchFeb 18th, 2021

Nvidia introduces Cryptocurrency Mining Processor line for "professional mining

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 18th, 2021

Cramer Weighs In On United Airlines, NVIDIA, JD, Fastly And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said he would hold onto Tortoise Energy Infrastructure Corp. (NYSE: TYG), while cautioning that he doesn't know what is in it because i read more.....»»

Category: blogSource: benzingaDec 13th, 2020

Nvidia Battles Shareholders in Lawsuit Over Crypto Miner Claims

Chip making giant Nvidia has been making its case for why a court should dismiss a lawsuit alleging it misled investors over the demand for its graphics cards from cryptocurrency miners......»»

Category: forexSource: coindeskDec 9th, 2019

MarketWatch First Take: Nvidia is past the downturn, but how strong will the rebound be?

Nvidia Corp. has completely escaped the crypto hangover. The question now is what happens on the other side......»»

Category: topSource: marketwatchNov 14th, 2019

Trump Weighs In on Facebook Cryptocurrency: He Doesn’t Like It

President Trump made his first foray into the digital currency battle on Thursday, joining critics of cryptocurrencies in general and Facebook's Libra, in particular......»»

Category: blogSource: 247wallstJul 12th, 2019

Cryptocurrency Developers Are Protecting AMD And Nvidia"s Lucrative Ethereum Tailwind

Cryptocurrency Developers Are Protecting AMD And Nvidia"s Lucrative Ethereum Tailwind.....»»

Category: topSource: seekingalphaApr 24th, 2018

Nvidia"s Cryptocurrency Worries Are Misplaced

Nvidia"s Cryptocurrency Worries Are Misplaced.....»»

Category: topSource: seekingalphaApr 23rd, 2018

Forget Crypto: eSports Might Be Where It"s At For Nvidia And AMD

Cryptocurrency has grabbed headlines in the semiconductor world in the past year, as demand for GPUs from miners created a shortage in the market and prompted retailers to drive prices through the roof. La.....»»

Category: blogSource: benzingaApr 11th, 2018

The Ratings Game: Nvidia stock pops as analysts defend against potential crypto-mining weakness

Nvidia Corp. shares surged Tuesday for a second straight day as analysts rallied around the chip maker, contending that its strengths more than make up for a potential downturn in cryptocurrency-related revenue and self-driving fears......»»

Category: topSource: marketwatchApr 10th, 2018

Nvidia stock gains after Morgan Stanley says cryptocurrency weakness offers buying opportunity

Nvidia Corp. shares gained in after-hours trading Monday following a Morgan Stanley upgrade that suggests investors buy the stock amid concerns about a decline in cryptocurrency-mining revenue. In a note released after the bell Mo.....»»

Category: topSource: marketwatchApr 9th, 2018

Earnings Outlook: Nvidia earnings: Data center, gaming momentum need to distract from auto, crypto weakness

Nvidia investors will need to see continued strong growth in the chipmaker’s two largest segments — gaming and datacenter — to make up for challenges facing its auto- and cryptocurrency-related sales as shares hover around record levels......»»

Category: topSource: marketwatchMay 9th, 2018

Nvidia says Q1 cryptocurrency demand was stronger than expected

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 10th, 2018

Nvidia says cryptocurrency miners love GeForce

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 10th, 2018