Review: Soaring Cryptocurrency Price Could Increase Demand For NVIDIA Graphics Processors

A Wall Street Journal analysis shows that the recent rise in cryptocurrency prices could stimulate demand for Nvidia's wallet. Although the chip is designed for video games, it is also used to make my cryptocurrencies like Ethereum. These processes integrate and streamline the cryptocurrency market in exchange for returns, higher costs, higher returns. Ethereum prices are now back above $ 1,000 and have almost doubled since Christmas. Crypto claims could affect Nvidia's revenue in the fourth quarter, which ends this month. Mitch Steves, managing director of the Royal Bank of Canada, said in a statement Tuesday that Ethereum above $ 1,000 indicates strong demand for high-end graphics chips.