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Nvidia wants to sell $ 400 million worth of accelerators to miners in just a quarter

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After the publication of Nvidia’s financial report, General Jensen Huang announced the forecast for GPU sales for miners.

He stated that GPU sales for miners totaled $ 155 million in the first quarter. Mining chip sales are expected to grow to $ 400 million in the second quarter.

Nvidia also said it still expects to close the $ 40 billion deal to buy UK-based chipmaker Arm by March 2022. The deal has attracted the attention of US and UK regulators and also requires approval from European and Chinese authorities.

The company expects revenue for this quarter to be $ 6.30 billion, up from $ 5.66 billion in the first quarter.

After the publication of the financial report, shares of Nvidia fell slightly (-1%).

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