Nvidia and AMD to suffer from crypto downturn
 

This quarter and going forward

A year ago we had a conversation with one of the knowledgeable people about graphics and back then we were warned that the Ethereum rise is most likely something that will backfire for graphics card manufacturers.

Jensen Huang of Nvidia and Lisa Su of AMD were both happy to announce that the market and especially graphics revenue increased - both putting it down to gaming. What they represent as gaming were, however, graphics card sales that mostly went to cryptocurrency enthusiasts. As one of our industry friends put it, Ethereum with a decent graphics card appeals to young guys as a money printing machine, especially as Mommy and Daddy are paying the electricity bill.

https://fudzilla.com/news/graphics/4...om-crypto-down