Johnsh
wrote a post · Mar 4, 2022 16:50
Cryptomining processor revenue was $24 million in the quarte...
Cryptomining processor revenue was $24 million in the quarter, down from $105 million sequentially and the estimated $100 million to $300 million in the year prior. Rather surprisingly,
$NVIDIA (NVDA.US)$ has mainly let cash generated flow to its balance sheet. While it did pay out $100 million in dividends to shareholders, it generated $3 billion of cash and ended the quarter with $10.2 billion in net cash.
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