China Cryptocurrency Ban Only Fuels GPU Sales: RBC

As news broke last Thursday that the Chinese government had moved to halt the exchange of digital currencies in the country, prices for cryptocurrencies such as bitcoin took a dive. Investors also remain fearful as to what the ban means for chipmakers including NVIDIA Corp. Who have seen their share prices propelled higher due to strong demand for their graphic processing units (GPUs) used in the “mining” of bitcoin.

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