Gaming department revenue growth was also up by 52 percent compared to the past year, hitting United States $1.8 billion, and once again proving to be the real money-maker for Nvidia.
During a previous earningscall, an Nvidia representative said the company modeled cryptocurrency profits "approximately flat", adding that much of the demand for its graphics cards came from the number of "amazing games that are out right now". However, looking beneath the surface we learned that the "crypto gold rush is over", which has impacted both these new results and projections for Q3.
Nvidia said it had expected about $100 million in sales of chips bought by currency miners in the fiscal second quarter. There is also no way to accurately tell what graphics cards were bought for what objective, with Chief Executive Jensen Huang explaining that even gamers can "do some mining" while they sleep. Still, the company's stock value is up over 30 percent since the beginning of the year. The results were pretty good overall, with strong demands for Nvidia products for AI and data center applications. It also downplayed its gross margin forecast to 62.8 percent instead of the expected 62.9 percent analysts were hoping for. Despite the crypto-related sales decline, sales from gaming surged 52% to $1.8 billion, and data center-related sales surged 83% to $760 million.
Mass overdose of marijuana sees 76 'bodies dropping' in park
More than a dozen people overdosed on synthetic marijuana July 4 in New Haven, The Associated Press reported at the time. EMTs administered Naloxone, an antidote for narcotic overdoses, to some victims but it didn't appear to be effective.
While data centers now account for a fifth of the company's revenue, Bloomberg noted, the gaming industry is still its main income source.
Shares of Nvidia were down more than five percent in after market trading.
According to details from the financial report, Nvidia hit revenues of $3.123 billion, up by 40 percent compared to the same quarter past year, but down by three percent compared to the last quarter. This also beat analysts' predictions of $1.67 a share. However, analysts were expecting $3.34 billion (£2.62bn) for that period. The company's net profit was of $1.1 billion, or $1.76 a share, well above its $583 million, or 92 cents, from a year ago.
Specifically, the plant-based proteins are pea and rice protein and all ingredients are certified vegan, according to Refinery29. What do you think of the new Cold Brew drinks? More options for customizing these drinks can be found on the Starbucks website.
The DEA continues to assist the New Haven police with the arrests, and into the investigation on how the mass-overdose happened. Kathryn Hawk, an emergency medicine physician and professor at Yale-New Haven Hospital, where numerous victims were treated.
Brandt Snedeker's opening round at the Wyndham Championship puts him in the history books. "It's awesome to see". Snedeker has had a down year by his standards and entered the week 80th in the FedEx Cup standings.
Turkey and its firms face repayments of almost $3.8 billion on foreign currency bonds in October, Societe General calculated. Turkish Foreign Minister Mevlut Cavusoglu said on Thursday that solving the rift with the United States is not hard .
Mylan's cap is nonremovable, a fairly recent innovation that prevents users from accidentally pricking themselves or others. Epinephrine alone is already a generic drug and the dose in an auto-injector costs less than a dollar to make.
The forthcoming match is Tottenham's second of the season, but their first at their temporary home of Wembley Stadium. I don't believe there will be too much movement because we cannot sign, but different individual things can happen.
He said: "They are a team - with the quality they have in the squad - that you very much expect to be up there again". You have to ask Paul . "Everybody has a bad day and has little ups and downs in the performance level".
England first named an unchanged squad for the Trent Bridge Test, but kept the door ajar for Stokes pending court proceedings. Root said: "I sat him down yesterday and asked him where he's at and he told me he's desperate to get out there".
The other four cricketers Sharjeel Khan , Khalid Latif, Shahzaib Hasan and Muhammad Irfan had served their respective punishments. Rizvi said that even if Jamshed returned from his 10-year ban, he will not be engaged in any cricket management role.
An Australian teenager was such a fan of Apple that he hacked into the company's servers and copied 90GB of internal data. Apple noticed the breach and contacted the FBI, which notified the Australian Federal Police, according to The Age .
Trump has tweeted about to highlight his assertions of political bias behind the Russian Federation investigation. He said he was fine with giving Brennan a bigger voice because he enjoyed tackling with critics.
Imran Khan pays tribute to Atal Bihari Vajpayee
Serving as prime minister briefly in 1996 then again from 1998 to 2004, Mr Vajpayee was admired even by prominent political foes. Caretaker Information Minister Syed Ali Zafar attended the funeral of former Indian premier Atal Bihari Vajpayee on Friday.
Aretha Franklin funeral August 31 in Detroit
In 2005, she was awarded the Presidential Medal of Freedom, the highest award for a USA civilian, by then-president George W. Nearly everything that's being written about Aretha Franklin , who died Thursday, has been right.
Weed-killing poison found in breakfast cereals, other foods
EWG extrapolated the glyphosate standard it applied for testing by applying a couple of adjustments to California's standard. Of the 61 food samples they tested, 48 contained some level of glyphosate - 31 of those higher than 160 parts per billion.
Trump says Turkey has acted badly in Brunson case
Navy admiral who led the operation to kill terrorist leader Osama bin Laden is challenging Trump to revoke his security clearance. Trump called Ohr a "disgrace" outside the White House and said, "I suspect I will be taking it away very quickly".
Premier League referee quits — Bobby Madley
The circumstances around his departure are unclear, but it is thought it could be linked to a video posted on social media. Last season he officiated high profile matches between Manchester United and Chelsea, and Liverpool and Arsenal.