Daily Archives: 20/08/2021

Sales of Nvidia CMP chips for the second quarter fell short of forecasts for $ 134 million

Q2 sales of CMP mining chips fell short of Nvidia’s forecasts. Instead of the planned revenue of $ 400 million, the company earned only $ 266 million on chips. In the middle of last quarter, the world’s largest GPU manufacturer Nvidia predicted that in the second quarter the company’s profit from the production of special chips for cryptocurrency mining will reach $ 400 million. However, according to the income statement, during the period, chips for…

Central Bank of Thailand suggests ways to reduce risks of digital baht

Analysts at the Central Bank of Thailand (BoT) have proposed three ways to avoid the negative impact of the release of retail government digital currency on the country’s financial sector. Along with many other central banks, the Bank of Thailand is also exploring the possibility of issuing a digital currency and plans to start testing it as early as next year. In a recent study, BoT has focused on retail digital currencies that will be…