The American Chip developing company Nvidia attests to its dip in shares due to the CMP (Cryptocurrency Mining Process) sales decline. The company stated that its 52% decrease for its Q1 of “OAM and other” investments was because of the decrease in CMP sales. Nvidia stated this, as explained in a filing on Wednesday. In…
If you weren’t sure the stance for Nvidia CEO Jensen Huang when it comes to Ethereum’s upcoming shift to proof-of-stake, no need to question it further. Huang is clearly optimistic about Ethereum’s future. In an online-only Computex event, he fielded a variety of questions ranging anywhere from his thoughts on the metaverse to global semiconductor…
ASUS has announced a partnership with Quantumcloud that turns idle graphic cards into cryptocurrency miners. ASUS Partners with Quantumcloud Taiwan-based computer and electronic component manufacturer AsusTek Computer Inc., most commonly known as ASUS, has partnered with “innovation factory” Quantumcloud, reports Tech Radar. The partnership will allow owners of ASUS-branded graphics cards to mine for cryptocurrencies…
Following a week of widespread carnage in the cryptocurrency markets, traditional retail stocks involved with the crypto sector are feeling the burn as well, with the California-based computer chip maker, Nvidia’s (NVDA) price tanking on the Nasdaq stock exchange. Nvidia’s plunge came about after the company reported Q3 results that were significantly below what analysts…