Thursday 31 January 2019

Nvidia Expects Lower Crypto Mining Revenue, Cites 'Deteriorating Macroeconomic Conditions' in China

Nvidia, a Delaware incorporated developer of high-end GPUs, has released its financial outlook report for Q4 2019. In a press release published on January 28th, Nvidia’s management revealed that the company is expecting $2.2 billion in fourth quarter revenue this year, which is down significantly from the previous estimate of $2.7 billion. The projected financial figures are based on Nvidia’s revenue generated from its two main areas of focus, which include datacenters and the gaming industry.

from CryptoGlobe latest articles http://bit.ly/2RUUMcF

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