As we forecasted earlier, NVDA has crushed estimates and bears again. Q4 results were driven by gaming (read crypto mining). Read on to see what Q1 has in store for NVDA (hint: more good news is likely to come).
What factors drive demand for GPUs used for cryptocurrency mining? That is a common question from my readers and one that I will answer in this article.
When Bitcoin began its sell off in mid December, certain investors were concerned about the potential negative impact on NVIDIA (NVDA).These investors were right to be concerned, as I will explain why in this article.