Wednesday, May 26, 2021

Nvidia forecast beats expectations but crypto mining's role remains unclear

Nvidia Corp forecast second-quarter revenue above analysts' estimates on Wednesday, but shares fell 1% after-hours as the company could not say for certain how much of its recent revenue rise was driven by the volatile cryptocurrency-mining market. https://ift.tt/3cfoQIn

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Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, above €886.8M est., driven by AI demand (Sarah Jacob/Bloomberg)

Sarah Jacob / Bloomberg : Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, a...