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Chipmaker Nvidia’s Crypto Mining Chip Revenue Continues to Fall

Press Release by Press Release
August 24, 2022
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Chipmaker Nvidia’s Crypto Mining Chip Revenue Continues to Fall
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Nvidia’s total second-quarter revenue was $6.7 billion, in line with the consensus estimate of $6.7 billion, according to FactSet. In early August, Nvidia pre-announced lower-than-expected results, saying it expected revenue to come in at $6.7 billion, well short of its previous guidance of $8.1 billion, primarily owing to lower gaming revenue.



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