#International_Tech_News

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Crypto-driven GPU crash makes Nvidia miss Q2 projections by $1.4 billion
Cheaper GPUs are good for gamers but bad for Nvidia's bottom line.

Nvidia pointed to "a reduction in channel partner sales," meaning that partners like Evga, MSI, Asus, Zotac, Gigabyte, and others were selling fewer new GPUs than anticipated.

AS #TASTINGTRAFFIC LLC MENTIONED YESTURDAY..

THIS #DROP can be attributed partly to a #crash in the #value of #mining_based #cryptocurrencies like #Bitcoin and #Ethereum...

MORE..

https://arstechnica.com/gaming/2022/08/crypto-driven-gpu-crash-makes-nvidia-miss-q2-projections-by-1-4-billion/

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