Declining GPU Sales to Cryptocurrency Miners ‘Healthy’: AMD CEO

GPU manufacturers Nvidia and AMD each enjoyed massive sales over the past year, partially thanks to miners who buy GPUs to mine cryptocurrencies. However, those sales are now declining. The demand for GPUs kept increasing as the value of cryptocurrencies went up throughout 2017. But after the market cap reached an all-time high of $830

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Nvidia Made $289 Million from Cryptocurrency Mining in Q1

Nvidia, the world’s largest GPU Manufacturer, posted their earnings call for the first quarter and reported revenue of $3.21 Billion, which was more than the estimates of $2.89 Billion.  According to the report, the company made $289 Million — 9% of their total revenue — from sales to cryptocurrency miners. Nvidia expected to make $200

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10% of Q1 Revenue: Cryptocurrency Mining Boosts AMD Profits Despite Volatility

Advanced Micro Devices’ first-quarter earnings results were buoyed by cryptocurrency mining revenue, but the chipmaker warned the volatility is getting in the way. AMD in Q1 generated a higher percentage of its revenue from sales of its graphics chips that are used to power computers in the cryptocurrency mining process for digital currencies like bitcoin and ethereum. The company,

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2nd Generation AMD Ryzen™ Desktop Processors Deliver Best-in-Class Compute Performance and Even Faster Gaming Framerates than Previous Generation

— Available Worldwide Today, Turbo-Charged 12nm ‘Zen+’ processor delivers the highest multithreaded performance in its class 1 plus advanced enthusiast features and a smarter platform — SANTA CLARA, Calif. , April 19, 2018 (GLOBE NEWSWIRE) --   AMD (NASDAQ:AMD) today announced the global