Nvidia Financial Reports Show No Sign of Crypto Miners Impact
- Nvidia (NASDAQ:) announced its financial results for the first quarter.
- However, there is no sign of crypto miners’ impact despite the surging crypto market.
Nvidia announced its financial results for the first quarter, which ended on May 2, 2021. In the results, there is no sign of crypto miners’ impact despite the surging crypto market rally.
The firm said that the first-quarter earnings result from the high demand from the gaming industry.
Nvidia is an American multinational tech company based in Santa Clara, California. It creates graphics processing units for the gaming and professional markets—also, system-on-chip units for the mobile computing and automotive market.
Further, the firm announced its record earnings for Q1 2021. However, there is no sign of the crypto bull market in driving its performance. The firm primarily attributes the gains for its products to gamers.
Also, the firm
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