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This is very much not just missing a laundry list of legal disclosures. They actively lied to investors said increased sales of consumer graphic cards was due t
by freemint 4y ago
This is very much not just missing a laundry list of legal disclosures. They actively lied to investors said increased sales of consumer graphic cards was due to a "Fortnite Boom" when it obvious to industry observers that is was a mining boom. Miners and Fortnite players have very different life-time revenue expectation, miners tend flood the used market with used cards dropping the prices that can be asked for future products, gamers tend to keep their cards and buy new cards when they want to play more demanding games. This leads to less of oversupply on the used market. The last mining bust had a huge negative influence on Nvidia.