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> they told their investors that they were selling GPUs to gamers, while in fact selling most of them to miners I don't think nvidia even did this, they market
by dangerface 4y ago
> they told their investors that they were selling GPUs to gamers, while in fact selling most of them to miners
I don't think nvidia even did this, they marketed to gamers and reported the correct number of sales. What people do with the card once its sold is not up to nvidia its not information that an investor can reasonable assume nvidia will report on.
If I invest in a steel mine they market their steel to car manufactures and report the correct number of sales. If they also happen to sell to gun manufactures I can't then sue said company for not reporting that.
- runeks 4y ago> I don't think nvidia even did this, they marketed to gamers and reported the correct number of sales. It’s not about that. It’s about: “NVIDIA had information, however, that this increase in gaming sales was driven in significant part by cryptomining.” Which they did not disclose.
- davedx 4y ago> “NVIDIA had information, however, that this increase in gaming sales was driven in significant part by cryptomining.” > Which they did not disclose. What's annoying to me as an NVDA investor is that I still don't have that information. Or maybe it can be found somewhere else?