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cryptonews

2022-11-17 23:00:00

Nvidia Chipmaker Crypto-Related Revenue Beat Expectations Despite Bear Market

Nvidia Chipmaker Crypto-Related Revenue Beat Expectations Despite Bear Market

The crypto related revenue for the major chipmaker Nvidia reached $5.93bn in revenue for the third quarter. The figure was higher than expected, despite a slump in demand from both crypto miners and gamers. According to the company’s latest earnings report, Nividia’s total revenue for the third quarter stood at $5.93bn, down 17% year-over-year and down 12% compared to the previous quarter. Adjusted earnings per share came in at 58 cents.... Read More: Nvidia Chipmaker Crypto-Related Revenue Beat Expectations Despite Bear Market

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