Nvidia management public position on crypto has flip flopped

Sign in / Join NowSummaryEthereum crypto mining profitability is down 90% yr/yr floral iphone case, and demand in GPU space has been vastly understated by Nvidia tempered glass iphone case, the impact of this will become evident in Nvidia’s gaming revenue.Nvidia management public position on crypto has flip flopped repeatedly last six months to point it’s unclear if they even understand what they are facing.Behind the scenes moves like EULA change and new GeForce Partner Program indicate Nvidia hunkering down with defensive moves.2017 was year of GPU in AI 2018 Will be Year of Purpose Built ML/DL Compute Accelerating Hardware Google TPU2 volume production, dozens of startups launching products, Bitmain has entered market, Intel etc.Stock now most overpriced of Nasdaq heavyweights post recent correction, and thus most clearly vulnerable considering its moat is going to be seriously questioned as investors wake up to what’s in this report. Near term PT $180. $140 before year is out.Nvidia (NVDA) is heading into turbulent waters, and despite a serious breakdown in the NASDAQ, the bulls in the stock are utterly asleep at the wheel.

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