RBC Capital Markets is predicting Nvidia will make the best cryptocurrency optimized chips
“Nvidia, graphic processing unit (GPU) maker, was announced as the smartest among all public and private companies by MIT because of its business savvy and innovative technologies. Nvidia is the leading provider of processing power for AI software, and its newer, AI-related businesses are growing quickly. Cryptocurrencies could be another big business for Nvidia. Nvidia is rumored to be producing a cryptocurrency mining-specific chip that could help it capitalize on the hype around currencies like Bitcoin and Ethereum…”
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