Nvidia Says ‘Nominal’ Crypto Mining Chip Sales Behind 52% Decline In OEM Revenue
2022-05-26 Chip manufacturer NVIDIA Corporation NVDA attributed its 52% decline in “OEM and Other” market platform revenue to a decline in Cryptocurrency Mining Processor (CMP) sales. What Happened: In an SEC filing on Wednesday, Nvidia reported $158 million in OEM and Other revenue for the first quarter. Nvidia said the year-on-year decrease was due to the […]