Nvidia shares tumble after pessimistic Q1 revenue forecast
Nvidia also reported that its digital currency-specific products drove a 52% decline in other revenue, given that their revenue during the quarter was "nominal."
Latest Nvidia News
Nvidia settles with SEC for $5.5M over failure to disclose miners boosted profits
In a settlement that the regulator made public recently, Nvidia agreed to a cease-and-desist order as well as a $5.5 million penalty without admitting or denying the SEC’s findings.
Hey David Rosenthal: A response from one industry visionary to another…
Jerry Chan examines Nvidia employee and OpenBSD hacker David Rosenthal's article, which details a lecture he gave at Stanford University on digital currencies and the problem he saw with it.
Nvidia Q2 revenue surges, but digital currency-related sales fall short of expectations
Nvidia’s fiscal net income has reached $2.4 billion in Q2, but despite the growth, the sales of the tech giant's blockchain mining chip failed to meet expectations.
Nvidia records stellar Q1 as block reward miners outperform forecasts
Nvidia has outperformed expectations in all its market platforms, including gaming, data center, professional visualization and automotive, the company said in a press release.
Hong Kong authorities seize allegedly smuggled 300 Nvidia BTC mining GPUs
The authorities collectively seized the allegedly smuggled goods worth $3.8 million in the waters off the Hong Kong International Airport.
Nvidia win $1 billion mining hardware legal fight
A California district judge ruled in favor of the GPU manufacturer in the case, finding that Nvidia did not mislead investors as alleged over the nature of demand for its GPU products.
Nvidia considers restart of block reward mining GPUs
An Nvidia executive said if demand in the digital currency market picked up to a “meaningful” level, the company could again start selling specialized cards to address the mining demand.
Nvidia lawyers push back on request for internal records
Nvidia attorneys have argued that the ongoing court proceeding does not entitle its investors to access the company's internal records related to the "crypto craze" of 2017 and 2018.
Nvidia legal battle vs disgruntled investors takes odd turn
Lawyers for the group of shareholders claim that Nvidia's lawyers convinced the former employee, dubbed "FE 5," to "disavow" several critical statements.
Nvidia moves to dismiss $1B digital currency GPU lawsuit
The manufacturing giant is accused by investors of misrepresenting revenue from 2017 and 2018, running to the tune of over $1 billion.
Nvidia accused of falsely recording $1B mining revenue as gaming sales
The chip giant is accused by a group of investors of falsely reporting the revenue as coming from its gaming chip business.