In the official statement made by the Nvidia management, it announced that they did not make a loss in the 4th quarter due to the decreases in the sales of the cryptocurrency mining units and that there were decreases in their revenues for different reasons. In the official statement made by the authorities on behalf of Nvidia, it was shared that it does not seem possible for crypto currency mining units to make a loss due to their sales in this quarter, but that they could not reach their target income level in the 4th quarter due to a number of certain reasons.
Nvidia: Graphics cards. Demand for the company has decreased!
Nvidia management announced that they expect a lower income in this quarter and they expect a single-digit growth figure. It has been announced that the possible decreases that will arise from the sales of crypto currency mining units within the company are calculated and as a result, revenues and growth rates will decrease not because of this reason, but because the demand for graphics cards decreases due to certain reasons. Nvidia is known not as one of the world’s largest video card manufacturers, but as the first, and some players are boycotting it because of the price of its new models.