Nvidia really is just spinning this.
Deny that any sales will go to crypto so that wall street won't tie the ups and downs of bitcoin to stock price.
Then release a new GPU that is a hashing monster causing miners to buy them up.
Enjoy record profits, while still trying to convince wallstreet that sales were from gamers living in their mom's basement, and not miners who buy 8 GPUs to fill a Rig.
uh what?
https://www.tradingview.com/chart/?symbol=NASDAQ:NVDA + BTC-USD overlay => no real correlation
Remember just a couple months ago the CEO of Nvidia was trying to tell everyone that new GPUs were a very long ways off.
Now we have the announcement in a little over a week.
He was/is trying to prevent a fire sale on existing stock (10XX series GPUs) and having channel partners eat losses and/or return stock and have nvidia eat losses.