Post
Topic
Board Mining (Altcoins)
Re: Nvidia is expecting ’no contributions’ from blockchain sales for the year
by
e97
on 16/08/2018, 23:47:07 UTC
if nvidia have kept quiet last year and found a way to not report the oversold gpus then last year and this year would be positive, now people saw that last year was a record win and might see this year a record loss hehe,

As a public company, I think thats illegal per SEC rules on public disclosure.

They have to report P&L and inventory so sure they can play number acrobatics but they'll have a huge 'loss' somewhere.

I mean they ONLY made 3.21+ BILLION in revenue and 1+B in profit lol

edit: also there are other industries that have a larger demand for GPUs vs. mining - nvidia will be fine.

If anything, they should improve how fast they can ramp up and down production lines, rather than try to hold stock and play the market.