Nvidia Files Motion to Dismiss $1B Class Action Over Crypto GPU Sales

Law	2020-7-1 08:01

Nvidia has filed for the dismissal of a complaint alleging it fraudulently attributed over $1 billion in sales to gaming markets amid the 2017 crypto bubble.

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Источник: cointelegraph.com

sales nvidia → Результатов: 19

Lawsuit Claims Nvidia Misrepresented $1B in Sales to Crypto Miners

Nvidia investors accuse the firm of intentionally misrepresented over $1 billion in sales to crypto miners

2020-5-16 01:30	Law
sales miners crypto nvidia misrepresented intentionally billion

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Nvidia’s GPU sales finally ‘normalize’ after its crypto-mining craze

Chipmaker Nvidia says its business has finally returned to normal after its cryptocurrency mining hangover has subsided. In its latest quarterly financial report, published yesterday, Nvidia posted 17 percent growth in revenue – from $2.

2019-8-16 15:22	hard fork
nvidia financial billion cryptocurrency posted revenue normalized

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Nvidia Expects to Finish Selling Leftover Inventory From Crypto Bear Market by Q1 2019

Nvidia expects to complete sales of excess inventory previously slated for crypto mining by the end of Q1 2019 and shake off its “crypto hangover”

2019-3-21 22:28	Nvidia
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Nvidia Mining Chip Sales Drop 30% in Q4 Amid ‘Post-Crypto Excess’

Nvidia managed to survive declining cryptocurrency mining chip demand to post total full-year revenue of $11. 72 billion. The company forecasts an aggressive rebound for the 2020 fiscal year, but Wall Street analysts say such forecasts are overly optimistic given the lack of significant change in the market.

2019-2-16 09:00	Nvidia
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Nvidia Says Crypto Drop-Off Helped Drive ‘Disappointing’ Fourth Quarter

Graphics card maker Nvidia has said the downturn in sales to crypto miners drove a drop in revenue in Q4, despite a record year overall.

2019-2-15 13:20
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Here’s How Much Nvidia Actually Made from Crypto Mining Sales

According to a report by Markets Insider, Nvidia generated $1. 95 billion in revenue from its crypto business. Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times higher.

2019-2-2 04:13	Nvidia
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Nvidia Decreases Q4 Revenue Estimates Citing Crypto Mining Decline, Conditions in China

Taiwan-based GPU producer Nvidia has decreased its revenue estimates for Q4, citing a decrease in crypto-related sales and deteriorating conditions in China

2019-1-29 22:20	Mining
conditions nvidia citing china estimates revenue deteriorating

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How Could Nvidia’s Crypto Mining Business Worsen? A Class Action Lawsuit as GPU Demand Collapses

According to the Graphic Processing Unit development company, and graphics cards designer, Nvidia is going from bad to worse as it sees less that positive returns on its GPU sales for cryptocurrency mining.

2018-12-31 20:36	News
gpu cryptocurrency company lawsuit nvidia action mining

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GPU Maker Nvidia Fights to Overcome Crypto Market Shenanigans

GPU Maker Nvidia is fighting to overcome crypto market upheavals after the sector suppressed its sales growth figures. The industry has also impacted the company’s stock prices which fell by… The post GPU Maker Nvidia Fights to Overcome Crypto Market Shenanigans appeared first on CoinCentral.

2018-12-29 00:59	Nvidia
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Expert Believes Nvidia Crypto GPU Sales On Massive Downtrend Ahead Of Q3 Report

Experts originating from the analytics firm Terfis have recently forecasted the quarter 3 sales for Nvidia's Graphics Processing Units, otherwise known as GPUs from 2018. According to a report made by the news outlet, Forbes on November 13th, Trefis noted that, while Nvidia's GPU sales went up over the latter quarter of 2018, its cryptocurrency […]

2018-12-4 11:32	News
nvidia sales report quarter 2018 gpu outlet

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NVIDIA Q3 2018 Earnings Report Solidifies Drying Crypto Mining Business

American technology company NVIDIA released its Q3 2018 earnings report on November 15, 2018, which states that the company’s graphics processing units (GPU) sales among cryptocurrency miners has plummeted a great deal since Q4 2017 cryptocurrency boom.

2018-11-18 15:00	Nvidia
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Crypto Hangover Hits Nvidia as Chip Sales Plunge With Bitcoin Prices

After a stellar rise in business over the last year due to the cryptocurrency boom, chipmaker Nvidia’s optimistic figures for graphics card demand in 2018 has drastically fallen short of expectations, with share prices falling by 17 percent on the back of millions of unsold chips.

2018-11-18 23:51	United States
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Nvidia Stock Plunges as Chip Sales Plunge With Bitcoin Prices

2018-11-18 23:51	United States
nvidia prices falling bitcoin plunges stock chip

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NVIDIA Pulls out of Cryptocurrency Mining Industry

GPU manufacturer, NVIDIA, has quit targeting cryptocurrency miners due to declining sales from the segment. Read more here about their plans here. The post NVIDIA Pulls out of Cryptocurrency Mining Industry appeared first on CoinCentral.

2018-8-27 00:34	Nvidia
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Nvidia’s GPU Miner Sales Decline in Q2 2018, Overestimates Revenue by 82%

Nvidia’s GPU Sale Substantially Declines In the Second Quarter Of 2018 Crypto mining has become less lucrative as evident from declining sales of crypto miners. Mining equipment manufacturers like Nvidia and Bitmain are watching this happen first hand as profits declines.

2018-8-17 15:33	News
gpu nvidia revenue crypto declines 2018 mining

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Nvidia Reports FiveFold Drop In Mining GPU Sales

Nvidia, world-scale manufacturer of video cards, reported a "substantial decline" in sales of mining equipment due to a decreased demand from miners.

2018-8-20 15:05	News
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Nvidia Reports 'Substantial Decline' in GPU Sales to Crypto Miners

Nvidia has seen a "substantial decline" in revenue from cryptocurrency miners, the company announced in its second quarter results Thursday.

2018-8-17 23:45
nvidia miners decline substantial announced company quarter

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Analysts: Despite Crypto Mining Decline, Nvidia Will See Increased Revenue This Quarter

Analysts suggest that Nvidia will see significant growth in its gaming and servers sales, which will overcome deficiencies due to decreased crypto mining activities

2018-8-11 04:17	Nvidia
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Nvidia Chip Maker Lowers Prediction Figures Amidst Changing Crypto Mining Trends

Crypto Mining hardware maker for Apple, Nvidia, and Bitmain lowers GPU sales prediction figures due to low demand. Manufacturers also face saturation problems. The post Nvidia Chip Maker Lowers Prediction Figures Amidst Changing Crypto Mining Trends appeared first on CoinCentral.

2018-7-24 05:12	Nvidia
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2020-7-1 08:01

sales nvidia → Результатов: 19

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