Cryptocurrency chill causes mining speculator Nvidia’s stock to plunge306.9

The cryptocurrency market is an exciting one, but it’s also unpredictable — and when things go south, they take related businesses with them. Nvidia, a hardware giant that has been riding the cryptocurrency wave, saw its stock price take a double-digit hit as it reported vanishing demand for GPUs specializing in crypto-mining.

It’s been a wild year in the GPU market at there were points when ordinary gamers, who have relied on Nvidia for years for the powerful cards used to play the latest games, found inventory scarce for the company’s latest generation of hardware.

Original source
https://techcrunch.com/2018/11/16/cryptocurrency-chill-causes-mining-speculator-nvidias-stock-to-plunge/

Add comment

Please Sign in to be able to leave comments.