Nvidia’s Cryptocurrency Puzzle Gets Less Vexing

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Nvidia’s Cryptocurrency Puzzle Gets Less Vexing

The Wall Street Journal2021-05-28

Uncertainty stems from use of chip maker’s graphics processors by ‘miners’. “Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with ...

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Ronchan
·2021-05-28
Seems like Nvidia is managing the mining sector risk well...after a few days of digesting the recentresults, i am sure share price will move up to over usd640
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- Ronchan:
  It got over 640$ faster than expected
  2021-05-28
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Teacup
·2021-05-28
Nvidia announced Friday that its decision to do a four-for-one stock split has been approved by the board. Interestingly, as highly anticipated by readers, Nvidia announced Friday that its decision to do a four-for-one stock split has been approved by the board. This meant that before I managed to complete the discussion about a potential stock split for Nvidia, the company has already announced its intention to do so.
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ivanlam
·2021-05-28
[流淚]
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- ivanlam:
  [开心]
  2021-05-28
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- Beez1119:
  [开心]
  2021-05-28
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Cicaf
·2021-05-28
Comment and like please
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- Cicaf:
  Thanks
  2021-05-28
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- ivanlam:
  [微笑]
  2021-05-28
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boonk
·2021-05-28
Mean more upside for nvda? Please comment n share your views
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YQ17
·2021-05-28
Done
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TBPromo
·2021-05-28
Like and comment thanks!
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- hkwan:
  done. pls like back tq
  2021-05-28
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But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.</p>\n<p>Worries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/60accb8dba60e8f5199dde591b4ba0d1\" tg-width=\"319\" tg-height=\"410\">Nvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.</p>\n<p>Nvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.</p>\n<p>Strength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.</p>\n<p>Miners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. 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But in the case ofNvidiaNVDA-1.35%and its relationship with ...</p>\n\n<a href=\"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105035599","content_text":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.\nWorries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.\nNvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.\nNvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.\nStrength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.\nMiners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4486549,"gmtCreate":1622212597291,"gmtModify":1680791620406,"authorId":3559128077154435,"author":{"id":3559128077154435,"authorId":3559128077154435,"name":"Ronchan","avatar":"https://static.tigerbbs.com/44cc3fba457549bd6dbe449c8aa6c640","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135457847,"type":1,"supId":0,"prevId":0,"content":"It got over 640$ faster than  expected","text":"It got over 640$ faster than  expected","html":"It got over 640$ faster than  expected"}],"langContent":"EN"},{"id":135487949,"gmtCreate":1622176596581,"gmtModify":1704180940753,"author":{"id":"3578697902268689","authorId":"3578697902268689","authorIdStr":"3578697902268689","name":"Teacup","avatar":"https://static.tigerbbs.com/3a58e08ccc09cefa4f4772655e751912","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578697902268689"},"htmlText":"Nvidia announced Friday that its decision to do a four-for-one stock split has been approved by the board. Interestingly, as highly anticipated by readers, Nvidia announced Friday that its decision to do a four-for-one stock split has been approved by the board. This meant that before I managed to complete the discussion about a potential stock split for Nvidia, the company has already announced its intention to do so.","listText":"Nvidia announced Friday that its decision to do a four-for-one stock split has been approved by the board. Interestingly, as highly anticipated by readers, Nvidia announced Friday that its decision to do a four-for-one stock split has been approved by the board. This meant that before I managed to complete the discussion about a potential stock split for Nvidia, the company has already announced its intention to do so.","text":"Nvidia announced Friday that its decision to do a four-for-one stock split has been approved by the board. Interestingly, as highly anticipated by readers, Nvidia announced Friday that its decision to do a four-for-one stock split has been approved by the board. This meant that before I managed to complete the discussion about a potential stock split for Nvidia, the company has already announced its intention to do so.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135487949","repostId":1105035599,"repostType":4,"repost":{"id":"1105035599","pubTimestamp":1622163563,"share":"https://ttm.financial/m/news/1105035599?lang=&edition=fundamental","pubTime":"2021-05-28 08:59","market":"us","language":"en","title":"Nvidia’s Cryptocurrency Puzzle Gets Less Vexing","url":"https://stock-news.laohu8.com/highlight/detail?id=1105035599","media":"The Wall Street Journal","summary":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” ca","content":"<blockquote>\n <b>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.</b>\n</blockquote>\n<p>“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.</p>\n<p>Worries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/60accb8dba60e8f5199dde591b4ba0d1\" tg-width=\"319\" tg-height=\"410\">Nvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.</p>\n<p>Nvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.</p>\n<p>Strength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.</p>\n<p>Miners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia’s Cryptocurrency Puzzle Gets Less Vexing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia’s Cryptocurrency Puzzle Gets Less Vexing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with ...</p>\n\n<a href=\"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105035599","content_text":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.\nWorries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.\nNvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.\nNvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.\nStrength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.\nMiners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":135289451,"gmtCreate":1622165214873,"gmtModify":1704180658942,"author":{"id":"3582016577975526","authorId":"3582016577975526","authorIdStr":"3582016577975526","name":"ivanlam","avatar":"https://static.tigerbbs.com/b69aadeaeb7dadd4cee48a1d48771644","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582016577975526"},"htmlText":"[流淚]&nbsp;","listText":"[流淚]&nbsp;","text":"[流淚]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/135289451","repostId":1105035599,"repostType":4,"repost":{"id":"1105035599","pubTimestamp":1622163563,"share":"https://ttm.financial/m/news/1105035599?lang=&edition=fundamental","pubTime":"2021-05-28 08:59","market":"us","language":"en","title":"Nvidia’s Cryptocurrency Puzzle Gets Less Vexing","url":"https://stock-news.laohu8.com/highlight/detail?id=1105035599","media":"The Wall Street Journal","summary":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” ca","content":"<blockquote>\n <b>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.</b>\n</blockquote>\n<p>“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.</p>\n<p>Worries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/60accb8dba60e8f5199dde591b4ba0d1\" tg-width=\"319\" tg-height=\"410\">Nvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.</p>\n<p>Nvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.</p>\n<p>Strength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.</p>\n<p>Miners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia’s Cryptocurrency Puzzle Gets Less Vexing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia’s Cryptocurrency Puzzle Gets Less Vexing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with ...</p>\n\n<a href=\"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105035599","content_text":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.\nWorries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.\nNvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.\nNvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.\nStrength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.\nMiners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4485615,"gmtCreate":1622209119583,"gmtModify":1680791605207,"authorId":3582016577975526,"author":{"id":3582016577975526,"authorId":3582016577975526,"name":"ivanlam","avatar":"https://static.tigerbbs.com/b69aadeaeb7dadd4cee48a1d48771644","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135289451,"type":1,"supId":4485604,"prevId":0,"content":"[开心]","text":"[开心]","html":"[开心]"},{"id":4485604,"gmtCreate":1622209085187,"gmtModify":1680791605167,"authorId":3583137486888657,"author":{"id":3583137486888657,"authorId":3583137486888657,"name":"Beez1119","avatar":"https://static.tigerbbs.com/1aafeacbd9a67c571d55825018c7d98a","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135289451,"type":1,"supId":0,"prevId":0,"content":"[开心]","text":"[开心]","html":"[开心]"}],"langContent":"CN"},{"id":135216601,"gmtCreate":1622165020803,"gmtModify":1704180647467,"author":{"id":"3582685915272084","authorId":"3582685915272084","authorIdStr":"3582685915272084","name":"Cicaf","avatar":"https://static.tigerbbs.com/89d23feb4d833b076b3c82458b3d41f0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582685915272084"},"htmlText":"Comment and like please","listText":"Comment and like please","text":"Comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/135216601","repostId":1105035599,"repostType":4,"repost":{"id":"1105035599","pubTimestamp":1622163563,"share":"https://ttm.financial/m/news/1105035599?lang=&edition=fundamental","pubTime":"2021-05-28 08:59","market":"us","language":"en","title":"Nvidia’s Cryptocurrency Puzzle Gets Less Vexing","url":"https://stock-news.laohu8.com/highlight/detail?id=1105035599","media":"The Wall Street Journal","summary":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” ca","content":"<blockquote>\n <b>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.</b>\n</blockquote>\n<p>“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.</p>\n<p>Worries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/60accb8dba60e8f5199dde591b4ba0d1\" tg-width=\"319\" tg-height=\"410\">Nvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.</p>\n<p>Nvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.</p>\n<p>Strength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.</p>\n<p>Miners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia’s Cryptocurrency Puzzle Gets Less Vexing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia’s Cryptocurrency Puzzle Gets Less Vexing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with ...</p>\n\n<a href=\"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105035599","content_text":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.\nWorries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.\nNvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.\nNvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.\nStrength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.\nMiners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4480184,"gmtCreate":1622173413862,"gmtModify":1680791499961,"authorId":3582685915272084,"author":{"id":3582685915272084,"authorId":3582685915272084,"name":"Cicaf","avatar":"https://static.tigerbbs.com/89d23feb4d833b076b3c82458b3d41f0","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.24%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135216601,"type":1,"supId":4478267,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"},{"id":4478267,"gmtCreate":1622165252541,"gmtModify":1680791474260,"authorId":3582016577975526,"author":{"id":3582016577975526,"authorId":3582016577975526,"name":"ivanlam","avatar":"https://static.tigerbbs.com/b69aadeaeb7dadd4cee48a1d48771644","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135216601,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"}],"langContent":"EN"},{"id":135232858,"gmtCreate":1622164680474,"gmtModify":1704180634461,"author":{"id":"3580955744929134","authorId":"3580955744929134","authorIdStr":"3580955744929134","name":"boonk","avatar":"https://static.tigerbbs.com/6e58310c6a80ddfbcb69e0989cda7858","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"idStr":"3580955744929134"},"htmlText":"Mean more upside for nvda? Please comment n share your views&nbsp;","listText":"Mean more upside for nvda? Please comment n share your views&nbsp;","text":"Mean more upside for nvda? Please comment n share your views","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135232858","repostId":1105035599,"repostType":4,"repost":{"id":"1105035599","pubTimestamp":1622163563,"share":"https://ttm.financial/m/news/1105035599?lang=&edition=fundamental","pubTime":"2021-05-28 08:59","market":"us","language":"en","title":"Nvidia’s Cryptocurrency Puzzle Gets Less Vexing","url":"https://stock-news.laohu8.com/highlight/detail?id=1105035599","media":"The Wall Street Journal","summary":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” ca","content":"<blockquote>\n <b>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.</b>\n</blockquote>\n<p>“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.</p>\n<p>Worries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/60accb8dba60e8f5199dde591b4ba0d1\" tg-width=\"319\" tg-height=\"410\">Nvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.</p>\n<p>Nvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.</p>\n<p>Strength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.</p>\n<p>Miners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia’s Cryptocurrency Puzzle Gets Less Vexing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia’s Cryptocurrency Puzzle Gets Less Vexing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with ...</p>\n\n<a href=\"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105035599","content_text":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.\nWorries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.\nNvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.\nNvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.\nStrength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.\nMiners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":135297041,"gmtCreate":1622164319883,"gmtModify":1704180626032,"author":{"id":"3579605390417452","authorId":"3579605390417452","authorIdStr":"3579605390417452","name":"YQ17","avatar":"https://static.tigerbbs.com/27a39a8720408cb33a5ee4fb46fdc580","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579605390417452"},"htmlText":"Done","listText":"Done","text":"Done","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135297041","repostId":1105035599,"repostType":2,"repost":{"id":"1105035599","pubTimestamp":1622163563,"share":"https://ttm.financial/m/news/1105035599?lang=&edition=fundamental","pubTime":"2021-05-28 08:59","market":"us","language":"en","title":"Nvidia’s Cryptocurrency Puzzle Gets Less Vexing","url":"https://stock-news.laohu8.com/highlight/detail?id=1105035599","media":"The Wall Street Journal","summary":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” ca","content":"<blockquote>\n <b>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.</b>\n</blockquote>\n<p>“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.</p>\n<p>Worries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/60accb8dba60e8f5199dde591b4ba0d1\" tg-width=\"319\" tg-height=\"410\">Nvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.</p>\n<p>Nvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.</p>\n<p>Strength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.</p>\n<p>Miners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia’s Cryptocurrency Puzzle Gets Less Vexing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia’s Cryptocurrency Puzzle Gets Less Vexing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with ...</p>\n\n<a href=\"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105035599","content_text":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.\nWorries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.\nNvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.\nNvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.\nStrength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.\nMiners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":135299164,"gmtCreate":1622163963158,"gmtModify":1704180616115,"author":{"id":"3583900898298165","authorId":"3583900898298165","authorIdStr":"3583900898298165","name":"TBPromo","avatar":"https://static.tigerbbs.com/5d0bd88f031e30e2802c72d0aaba4381","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3583900898298165"},"htmlText":"Like and comment thanks!","listText":"Like and comment thanks!","text":"Like and comment thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/135299164","repostId":1105035599,"repostType":4,"repost":{"id":"1105035599","pubTimestamp":1622163563,"share":"https://ttm.financial/m/news/1105035599?lang=&edition=fundamental","pubTime":"2021-05-28 08:59","market":"us","language":"en","title":"Nvidia’s Cryptocurrency Puzzle Gets Less Vexing","url":"https://stock-news.laohu8.com/highlight/detail?id=1105035599","media":"The Wall Street Journal","summary":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” ca","content":"<blockquote>\n <b>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.</b>\n</blockquote>\n<p>“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.</p>\n<p>Worries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/60accb8dba60e8f5199dde591b4ba0d1\" tg-width=\"319\" tg-height=\"410\">Nvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.</p>\n<p>Nvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.</p>\n<p>Strength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.</p>\n<p>Miners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia’s Cryptocurrency Puzzle Gets Less Vexing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia’s Cryptocurrency Puzzle Gets Less Vexing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with ...</p>\n\n<a href=\"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.wsj.com/articles/nvidias-cryptocurrency-puzzle-gets-less-vexing-11622132688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105035599","content_text":"Uncertainty stems from use of chip maker’s graphics processors by ‘miners’.\n\n“Not like last time” can be a dangerous phrase in business. But in the case ofNvidiaNVDA-1.35%and its relationship with crypto-miners, it also happens to be true.\nWorries about the impact of crypto-mining havehung over the chip makeras thelatest cryptocurrency crazebegan pushing ethereum prices skyward earlier this year. Nvidia’s graphics processors designed for videogaming are also used to “mine” ethereum, which involves matching and updating cryptocurrency transactions in return for rewards. Those rewards grow as ethereum prices rise, and this year has seen the cryptocurrency’s value soar nearly fourfold, even after a sharp correction over the past few weeks.\nNvidiagot badly burnedby a previous ethereum price jump and subsequent crash in 2018, which resulted in miners dumping their chips on the secondary market and thus hurting Nvidia’s sales. So investors are extra wary this time around, as evidenced by the reaction to the company’s fiscal first-quarter results late Wednesday. Revenue surged 84% year over year to about $5.7 billion, while the company projected $6.3 billion for the current period—14% above Wall Street’s expectations. But the company acknowledged that crypto demand will drive some of that upside. Nvidia’s share price slipped 1% Thursday morning.\nNvidia’s business with crypto-miners is hard to fully quantify. The company has started selling specialized graphics cards designed for mining, and it estimates that revenue from these products totaled $150 million in the recently ended quarter and will reach $400 million in the current period. That’s about 6% of Nvidia’s total projected revenue for the quarter. But the company also admits miners could still be snapping up its regular gaming cards as well, even though Nvidia has employed some technical measures to make those products less useful for mining.\nStrength in Nvidia’s main businesses should better contain any risk from crypto exposure this time around. Its gaming chip revenue has grown 66% since the fiscal year ended January of 2020, which bore the brunt of the impact of the last ethereum spike, while its data center unit has more than doubled. The two are on track to do a little over $20 billion in combined revenue for the current fiscal year—up 43% from the previous year.\nMiners this time around may also be a bit less enthusiastic given upcoming technical changes to the ethereum network that are expected to diminish the profitability of mining. Mark Lipacis of Jefferies estimates that crypto-mining sales of Nvidia’s gaming processors are about 10% of their level during the last price spike. Investors are right not to count on Nvidia’s crypto bubble continuing. But a pop this time is much less likely to leave the chip maker all wet.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4478078,"gmtCreate":1622164694178,"gmtModify":1680791463308,"authorId":3572473945197433,"author":{"id":3572473945197433,"authorId":3572473945197433,"name":"hkwan","avatar":"https://static.tigerbbs.com/77e90a3687fc7bea68ab1062dc6f91d0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135299164,"type":1,"supId":0,"prevId":0,"content":"done. pls like back tq","text":"done. pls like back tq","html":"done. pls like back tq"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":33,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}