Nvidia cryptocurrency mining GPU sales soar to $ 555 million in six months

Nvidia cryptocurrency mining gpu sales soar to $ 555 million in six months

Nvidia planned to switch to $ 50 million CMP, or cryptocurrency mining processors, in the first quarter of 2021. It sold $ 155 million. And if that wasn’t a sign of the growing demand for graphics cards for the sole purpose of extracting virtual coins, Nvidia hopes to double that figure in CMP Q2 sales.

During the transcript of earnings calls for the first quarter of 2022 (Nvidia’s corporate calendar is very weird), Nvidia reports that a $ 400 million forecast is expected for CMP graphics card sales during the second quarter.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *