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Nvidia crypto mining chip sales fell

Nvidia crypto mining chip sales fell

In March, the company introduced versions of its chips specifically targeted at cryptocurrency pros called CMP.Nvidia said on Wednesday that CMP sales declined 60% sequentially in the most recent quarter, and that sales of the product line are expected to decline to “very negligible” in the fourth quarter.

Our GPUs are capable of crypto mining, though we don’t have visibility into how much this impacts our overall GPU demand,” Nvidia CFO Colette Kress said on a call with analysts on Wednesday.

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