Tag Archives: Lift

Nvidia: As Institutions Pile into Ethereum, Rising Prices to Lift GPUs, Says RBC

A rise in crypto-currencies such as Ethereum is good news for Nvidia (NVDA) investors, according to a note today from RBC Capital‘s Mitch Steves, who reiterates an Outperform rating on the shares, opining the price rises will propel use of Nvidia’s GPUs for as long as prices keep rising. The “payback period” for crypto-currencies has […]

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