US Court Throws Out Nvidia Corp Crypto Lawsuit
A group of investors charged US-based GPU maker Nvidia with making false statements about its inventory of graphic processing units (GPUs). However, US District Judge Haywood S...
No Investor Misled Over Crypto Mining Boom, Nvidia Claims
Nvidia has urged a US judge to dismiss a case brought by investors who say it misled them over crypto mining revenues. The company claims that the plaintiffs had cherry-picked...
Nvidia Mining Chip Sales Drop 30% in Q4 Amid ‘Post-Crypto Excess’
Nvidia managed to survive declining cryptocurrency mining chip demand to post total full-year revenue of $11.72 billion. The company forecasts an aggressive rebound for the 2020 fiscal...
Nvidia Enters a Nosedive After an Underwhelming Third Quarter
Tech company Nvdia has entered a nosedive after Q3 results reveal an underwhelming performance. Nvidia experienced a 19 drop in its stock price. On Thursday, tech company and chip...
AMD Shares Plummet As Blockchain-Related Q3 Sales Turn ‘Negligible’
Shares of the American multinational semiconductor company AMD have plummeted amid lackluster sales of blockchain-related products. The firm revealed in its quarterly report that...
Blockchain, IoT, and AI Push Global Semiconductor Sector Sales to Over $40 Billion
Industries focusing on the Bitcoin’s blockchain technology, the Internet of Things (IoT), and artificial intelligence (AI) are fueling the semiconductor industry to the “highest...
Nvidia Calls Off Cryptocurrency Mining Production Amid Low Earnings
Graphics chip manufacturing giant Nvidia saw huge growth in late 2017 and throughout most of 2018 as demand for its high-end Graphics Processing Units (GPUs), used for cryptocurrency...
Cryptocurrency Mining Chip Supplier Warns Investors of Impending Revenue Decline
Gigabyte Technology Co Ltd announced at a recent investors’ conference that they are expecting a significant revenue drop for the second quarter of 2018. The company is a leading...
Will AMD and NVIDIA Give Up on GPU Mining as Cryptocurrency Prices Fall?
Graphics card manufacturers NVIDIA and AMD have been raking in huge profits — thanks, in part, to the influx of cryptocurrency mining over the past year. Recently, however, the...
Nvidia Expects 2/3 Decrease in Sales to Crypto Miners in The Next Quarter
Nvidia announced that they had a successful 1st quarter in terms of sales, in part due to the fact that cryptocurrency-related sales boosted their revenues by 10%. Despite the good...
Nvidia CEO Believes Cryptocurrency Will Be Core Business for Company
The CEO believes the need for GPU processors in the industry will help the company’s growth in the future. However, he claims that it will not be an immediate driver for profits just...
NVIDIA Ramping up GPU Production to Meet Demand
NVIDIA’s miners have been in low supply as of late as cryptocurrency mining operations are snatching up any GPU they can find. NVIDIA has stated their intent to meet the current...