Tagged: nvidia

Gaming and AI Tech Missteps at Nvidia Worsen Crypto Winter Woes

By now, Nvidia’s faltering earnings as a maker of  cryptocurrency mining equipment are well known. Until recently, the company was enviably positioned to supply coveted chips to booming cryptomining, AI, cloud computing and gaming sectors. But after a banner 18 months that ran from the… Read More

Nvidia’s Guidance Sinks Along with the Price Crypto

Nvidia (NASDAQ:NVDA) will announce Q4 fiscal 2019 financial results and Q1 fiscal 2020 guidance on its earnings call scheduled for February 14th. The Valentines Day event has removed some of the surprise as Nvidia revealed reduced guidance last week. “Q4 was an extraordinary, unusually turbulent, and… Read More

Nvidia Facing Class Action Suit Over Declining Cryptominer Revenues

A Los Angeles law firm has filed a class action suit against Nvidia, one of the world’s most successful computer chip manufacturers, over losses to investors incurred due to, “false and misleading statements to the market.” According to the Schall Law Firm, Nvidia (Nasdaq:NVDA) misrepresented… Read More

No Crypto Love at Nvidia as Shares Sink Due to Crypto Hangover

NVIDIA (NASDAQ:NVDA), the company that pretty much redefined the gaming industry with modern computer graphics chips, was hammered in after-hours trading yesterday following quarterly results that failed to please investors. Today, shares in NVIDIA look to open on NASDAQ significantly lower than when markets closed… Read More

Ouya Gets New Life with $10 Million Investment from Alibaba

The Wall Street Journal has announced that miniature Android gaming console, Ouya, was given a much needed funding boost from Chinese e-commerce company Alibaba. Sources revealed that Alibaba invested $10 million in Ouya last month and the two companies have discussed a plan to incorporate the… Read More

Ouya Raises $15 Million Led by Kleiner Perkins

Kickstarter darling raised over $8 Million crowdfunding, now they are raising more funds in a new funding round lead by Venture Capital legend Kleiner Perkins including the Mayfield Fund, NVIDIA, Shasta Ventures and Occam Partners Video game startup OUYA today announced $15 million in new… Read More

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