Nvidi Corp. President and CEO Jane-Hun Huang speaks at the company’s Mobile World Congress USA event in Los Angeles, California, USA on Monday, October 21, 2011.

Patrick T. Fallon | Bloomberg | Getty Images

A.D. Even with the rising value of digital currencies in 2021, Nevia He did not spend money to build digital “shovels” for miners.

Processors, GPUs, and Nvidi processors can be used to efficiently extract Ethereum by solving complex mathematical problems. The company in March Introduced Chips versions specifically target the cryptocurrency benefits of CMP.

According to Nvidia on Wednesday, CMP sales are down 60% in recent quarters, and product line sales are expected to decline to “very negligible” in the fourth quarter.

Sales of Nvidi CMP cards fell from $ 266 million to $ 105 million at the end of August, ending in October.

With a 155 million increase in CMP sales in the first quarter of May, the chip maker now claims a total revenue of $ 526 million – less than 3% of the company’s $ 19.27 billion revenue during that period.

Nevidian did not suffer from CMP’s lack of attraction. Shares are up 123 percent higher. He said in an income report on Wednesday. Total sales increased 50% year-over-year, with $ 3.2 billion in graphics cards sold to players and PC manufacturers in the first quarter.

A.D. In 2018, cryptocurrency prices declined Hurt Nvidia’s stock and sales of devices used as graphics cards have fallen on the market, hurting prices.

2021 is different. This year, NVD’s latest generation GPUs were difficult to find in retailers for gamers because they sold out so quickly and the company warned that there was “excessive demand” during the holiday quarter.

When NVD introduced SIM cards in the spring, it was clearly designed as a tool to provide GPU offerings to players rather than industrial miners.

“Our hope is that the CMPs will satisfy the miners and stay in the professional mines,” said Nvd CEO Jensen Huang. He said in May, Adding that the product line “protects” supply to players.

Nvidia sees players as the main market, and believes that GPUs will become a standard part of every cloud server. The bullshit issue for Nvidia does not have to be a cryptocurrency gold rush – it could be a key supplier for companies looking to create a “universal universe” in 3D graphics, Huang said Wednesday.

In addition, NVD is not very suitable for mining encryption by adding software to the game-based cards. The company announced on Wednesday that all GeForce graphics cards for sale on desktop desktop software have been launched in an effort to “drive GeForce to gamers”.

Still, the company said it could not guarantee that the growing number of graphics cards would not be linked to the crypto world.

“Our GPUs are capable of extracting cryptocurrency, although we do not see how much this will affect our overall GPU demand,” Nvidi CFO Colette Kress said in a call to analysts on Wednesday.