Nvidia Surpasses Microsoft to Retake Title as World’s Most Valuable Company Amid AI Boom

2025-7-6 22:27

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Фото:

US government backs lawsuit claiming Nvidia misled investors on crypto mining revenue

The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have supported a class-action lawsuit against Nvidia, accusing the company of misleading investors. According to court filings, both agencies submitted an amicus brief backing Nvidia investors who allege that the firm misrepresented the impact of crypto mining on its 2017/2018 revenue.

2024-10-4 12:33


Nvidia Ethereum Mining GPUs Underperformed in Q2, Reveals Financial Report

According to Nvidia’s Q2 earnings report, Ethereum mining GPUs didn’t perform up to expectations. And that’s despite the company noticing a record 68% increase in total revenues. Nvidia Q2 Revenue Surges 68%, While Crypto Mining Cards Underperform Nvidia has announced the financial report for second quarter of fiscal year 2022. As per the report, the […]

2021-8-19 22:00


Nvidia’s Latest RTX 3060 Limits Ether Hash Rate by 50%, Introduces CMP for Professional Mining

Nvidia is limiting the Ethereum hash rate by 50% with its latest RTX 3060 software drivers, shared by the company on Thursday. It noted, “RTX 3060 software drivers are designed to detect specific attributes of the Ethereum cryptocurrency mining algorithm and limit the hash rate, or cryptocurrency mining efficiency, by around 50 percent.

2021-2-20 20:03


Nvidia Claims Investors’ Cherry-Picking Information, Not Misled about Crypto Mining Boom

Nvidia has urged a California federal judge at a hearing on Friday to dismiss a case against it brought by investors who claim that the company misled them about cryptocurrency mining revenues. The American technology company that designs graphics processing units (GPUs) says the plaintiff cherry-picked information and relied on a Morgan Stanley analyst and […]

2019-12-8 19:05


Meteoric Bitcoin Rally Won’t Rescue Nvidia’s Flailing Stock

By CCN: Nvidia previously blamed its negative earnings report on “crypto winter,” the vaunted extended bear market which Bitcoin appears to have finally exited. The incredible rally of the past couple weeks means many industries related to crypto will see increased demand and valuation – everything from mining to software development will be in fashion again.

2019-5-17 20:39