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Naive question: What does Nvidia have to gain from not accurately disclosing this information?
by cc1616 4y ago
Naive question: What does Nvidia have to gain from not accurately disclosing this information?
- philipwhiuk 4y agoMaybe more investment. If you're an investor who thinks crypto is a flash in the pan whereas gaming demand is likely more permanent, if you are told the growth is gaming, not crypto, you'll be more likely to invest.
- tejohnso 4y agoThey could state, or imply, that their sales growth is due to an increased demand in their core business. Which may be considered much better than the increased demand coming from a secondary, highly volatile, and potentially highly regulated business.
- duxup 4y agoIt could be an actual mistake. On the other hand I know Nvida and others are sensitive to how they're perceived by non crypto folks and would / could even accidentally try to downplay how much the price / sales are driven by crypto. But you really shouldn't do that in an earnings report.
- y04nn 4y agoBy not disclosing it they hide the fact that their core business growth may be at risk in case of a cryptocurrency crash. And they may know that if they sell directly to crypto miners.