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Benzinga
Benzinga
Business
Samyuktha Sriram

Nvidia Says 'Nominal' Crypto Mining Chip Sales Behind 52% Decline In 'OEM And Other' Revenue

Chip manufacturer NVIDIA Corporation (NASDAQ:NVDA) attributed its 52% decline in "OEM and Other" market platform revenue to a decline in Cryptocurrency Mining Processor (CMP) sales.

What Happened: In an SEC filing on Wednesday, Nvidia reported $158 million in OEM and Other revenue for the first quarter.

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