Nvidia’s profits seen slipping amid crypto crash, tech cuts
Key points to remember Nvidia is expected to post third-quarter adjusted earnings of 71 cents per share late Nov. 16. Revenue is expected to fall 18% year-over-year amid reduced demand from cryptocurrency miners. Ethereum’s move to proof-of-stake from proof-of-work in September undermined demand for mining GPUs or graphics processing units. Nvidia’s data center sales disappointed …
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