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It’s brought headaches to Nvidia.

$NVIDIA(NVDA.US)$ The growth of crypto mining has been a boon to Nvidia in recent years, but it’s also brought headaches.

The firm’s powerful processors designed to handle video-game graphics are considered well-suited for mining cryptocurrencies like Ethereum and Bitcoin -- and it’s been hard to tell what task customers are buying the products for.

A surge in demand for graphics chips -- fueled in part by the crypto craze -- led to a run-up in 2017. But that windfall was short-lived, and the following year the company slashed annual sales forecasts to below analysts’ estimates. The disappointment caused investors to dump the stock, resulting in a 20% decline over two trading days.

To address the volatility, Nvidia is now offering chips designed specifically for crypto mining. And it adjusted its graphics cards so they’re harder to use for that task.
It’s brought headaches to Nvidia.
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