Friday, August 17, 2018

"Nvidia . . . surprised investors . . . with an even more downbeat forecast for crypto-mining sales"

“Our revenue outlook had anticipated cryptocurrency-specific products declining to approximately $100 million, while actual crypto-specific product revenue was $18 million,” Kress said in prepared remarks. “Whereas we had previously anticipated cryptocurrency to be meaningful for the year, we are now projecting no contributions going forward.”