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Peeping into NVIDIA’s Gross and Operating Margin Post-Crypto Boom

Scarlett Ness
Peeping into NVIDIA’s Gross and Operating Margin Post-Crypto Boom

Meanwhile, NVIDIA discontinued some of its mid-priced chips’ shipments to retailers to combat its inventory levels. Like NVIDIA, the revenue of rival Advanced Micro Devices (AMD) is also expected to suffer from falling demand for chips from cryptocurrency miners. The high provision for inventory thus reduced NVIDIA’s gross margin 1.8 percentage points to 60.4% in the quarter.