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Nvidia allegedly misinformed investors about crypto mining revenues

Started by Redaktion, February 05, 2019, 23:43:23

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Redaktion

Latest report coming from RBC analyst Mitch Steves presents Nvidia misinforming its investors about revenues recorded during the crypto boom of 2017. We're talking about over US$1.3 billion that were not attributed to GPU sold to crypto miners. The report also claims that AMD's revenues at that time only amounted to US$234 million, which is unusual to say the least, as the Radeon cards were more efficient back then.

https://www.notebookcheck.net/Nvidia-allegedly-misinformed-investors-about-crypto-mining-revenues.403361.0.html

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