Category: softbank

Nvidia Posts Record Q3 Earnings, Sales of GPUs to Crypto Miners Reach $175 Million

Nvidia Posts Record Q3 Earnings, Sales of GPUs to Crypto Miners Reach $175 Million

Nvidia released its earnings for the third fiscal quarter of 2021 this week, showing better-than-expected results, driven by sales of its graphics processing unit (GPU) chips. The firm reported graphics segment revenue of $2.79 billion for the quarter, beating analyst estimates of $2.1 billion. Within the graphics segment also falls the gaming division. Nvidia said […]

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‘I don’t understand’ bitcoin, says billionaire SoftBank CEO Masayoshi Son

‘I don’t understand’ bitcoin, says billionaire SoftBank CEO Masayoshi Son

Masayoshi Son, the billionaire founder and CEO of Japanese conglomerate SoftBank, says he doesn’t understand bitcoin as it is too volatile. Speaking virtually at The New York Times’ Dealbook Conference on Tuesday, Son said he once invested in bitcoin as one of his friends “strongly recommended” it. The friend suggested Son putting at least 1% […]

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