Analysis: Crypto drop was inevitable
Crypto currencies are rather volatile and most people reading this are very well aware of that. The fact that it could cause Nvidia stock to drop by more than 30 percent is ridiculous as obviously, the finance community didn’t do its homework well. Long term betters on Nvidia should bet on two things, AI and Automotive, backed up by strong and stable gaming.
This quarter and going forward
A year ago we had a conversation with one of the knowledgeable people about graphics and back then we were warned that the Ethereum rise is most likely something that will backfire for graphics card manufacturers.
But will sure try
It was cute to see everyone covering the fact that Nvidia is up in arms against (r) etailers who are selling to miners. Unfortunately, there is hardly anything Nvidia can do to stop the trend.