• Business - Technology

    Despite The Decline Of Crypto Mining, Nvidia Will Record Higher Sales This Quarter

    Analysts surveyed suggest that Nvidia this quarter will witness revenue growth, despite the decline in mining operations for Cryptocurrency i.e., Crypto Mining, MarketWatch reported on August 10. The alleged increase is due to the high demand for gaming equipment and data centers. With sales from the gaming industry, Nvidia to increase 47% to $ 1.75 Billion per year, while revenues will rise from data centers with a 78 % growth to $ 740 million. Evercore analyst, C. J. Muse agrees with other analysts and says, “Data center / AI continue to be a strong point, especially as regards the advantage…