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> Seems like SEC is mad at gamers for making money instead of gaming and they are taking it out on NVIDIA. Im just glad some one is standing up to these filthy

by Sakos 4y ago

> Seems like SEC is mad at gamers for making money instead of gaming and they are taking it out on NVIDIA. Im just glad some one is standing up to these filthy gamers. 1) Weird of you to add everything after your first sentence without indicating you edited your comment. 2) I have no idea what you're talking about. This isn't about nVidia reporting their cards as crypto cards. This is about nVidia not reporting what portion of their revenue is subject to volatility in the cryptomarket. SEC isn't mad about anything. It sounds like you're mad, tbh, and I'm not sure why.

dangerface 4y ago
> This is about nVidia not reporting what portion of their revenue is subject to volatility in the cryptomarket. Nvidia doesn't know what customers use their cards for and it especially doesn't know the volatility of the market, no one does. If nvidia knew market volatility before hand they wouldn't need to make gpu they could just trade the market more efficiently than every one else. You and SEC are talking about pure speculation as if it was fact, nvidia didn't speculate in their reporting they gave accurate numbers as they should. Until you can show otherwise its all just speculation.
- Sakos 4y ago
  > NVIDIA had information, however, that this increase in gaming sales was driven in significant part by cryptomining. Despite this, NVIDIA did not disclose in its Forms 10-Q, as it was required to do, these significant earnings and cash flow fluctuations related to a volatile business for investors to ascertain the likelihood that past performance was indicative of future performance. What proof do you have that the SEC is speculating about NVIDIA having this information?
  - someweirdperson 4y ago
    Speculation? It is well-known that their drivers contain extensive telemetry functions. This removes any shadow of a doubt that they know what the cards they sold are being used for.
  - dangerface 4y ago
    The lack of evidence is the proof.

by Sakos 4y ago

dangerface 4y ago

> This is about nVidia not reporting what portion of their revenue is subject to volatility in the cryptomarket. Nvidia doesn't know what customers use their cards for and it especially doesn't know the volatility of the market, no one does. If nvidia knew market volatility before hand they wouldn't need to make gpu they could just trade the market more efficiently than every one else. You and SEC are talking about pure speculation as if it was fact, nvidia didn't speculate in their reporting they gave accurate numbers as they should. Until you can show otherwise its all just speculation.

Sakos 4y ago
> NVIDIA had information, however, that this increase in gaming sales was driven in significant part by cryptomining. Despite this, NVIDIA did not disclose in its Forms 10-Q, as it was required to do, these significant earnings and cash flow fluctuations related to a volatile business for investors to ascertain the likelihood that past performance was indicative of future performance. What proof do you have that the SEC is speculating about NVIDIA having this information?
- someweirdperson 4y ago
  Speculation? It is well-known that their drivers contain extensive telemetry functions. This removes any shadow of a doubt that they know what the cards they sold are being used for.
- dangerface 4y ago
  The lack of evidence is the proof.