Nvidia CEO Says Cryptocurrency Is ‘Not Going to Go Away’

Jen-Hsun Huang, CEO of graphics card maker Nvidia, posted its fourth-quarter results for 2017. The company said that demand from cryptocurrency miners for its product beat expectations even though that market segment remains a small one. Huang touted the benefits of the technology underlying cryptocurrencies. There is “clearly real utility” with blockchain, Huang said, adding that he sees cryptocurrencies as being as real as any other type of virtual good or video game.