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.
Latest Nvidia News
Nvidia dodges a bullet as judge throws out fraud lawsuit
The graphics chip manufacturer avoids a massive lawsuit claiming it lied about its product supply levels.
Nvidia weighs in on ‘misleading’ claims of crypto mining lawsuit
Nvidia believes the crypto mining lawsuit doesn’t have any merit, arguing that the investors are only “cherry-picking” data to try to support their case.
After crypto mining hangover, Nvidia posts 17% growth in revenue
Nvidia is slowly recovering as the crypto mining industry gears back up for growth.
Nvidia wants pre-crypto bear stock sold off entirely by Q1 end
The stockpiles that built up towards the end of 2017 and 2018 have been a major drag on the firm since, which has been struggling to shift units following the collapse in cryptocurrency prices.
Nvidia revises FY2019 Q4 forecast downward
Chipmaker Nvidia Corporation has lowered its projected revenue for the fourth quarter of the fiscal year 2019 by $500 million, to $2.2 billion.
Lawsuit vs Nvidia claims investors misled over crypto business
A class-action lawsuit has been filed against Nvidia in connection with its discontinued cryptocurrency-specific business.
Crypto inventory pulls down Nvidia Q3 revenue
Nvidia third-quarter revenue fell short of expectations, as the company adjusts to lower sales of chips for cryptocurrency mining.
No more crypto: Nvidia drops crypto venture over low profit
It's the end of the line for Nvidia's cryptocurrency mining chips.
GPU sales to crypto miners on the decline, but manufacturers aren’t worried
Following a boom that saw major GPU manufacturers such as AMD and Nvidia seeing exaggerated high sales, the market has now cooled off somewhat.
Crypto mining interferes with extra-terrestrial research, scientists say
These days, it's not just gamers who are getting less access to much-needed graphics hardware due to cryptocurrency miners hoarding equipment.