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Nvidia's stock plummets as GPU crypto mining death fears intensify

Started by Redaktion, May 16, 2018, 19:51:26

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Redaktion

Even though Nvidia had record-breaking Q1 earnings, the impending doom looming over the GPU-based crypto mining endeavors is causing fear, uncertainty and doubt in the green company's investors, leading recently to a 7.85% stock fall. Bitmain's Ethereum ASICs will be launched soon and Nvidia could see more than 66% decreased earnings from crypto-mining-related sales in Q2.

https://www.notebookcheck.net/Nvidia-s-stock-plummets-as-GPU-crypto-mining-death-fears-intensify.303562.0.html


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