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Nvdia, AMD may see 2018 profits weakened by waning mining GPU demand
22 May 2018
22 May 2018
https://www.digitimes.com/news/a20180521PD205.htmlThe abrupt waning of the crypto mining craze starting in April is expected to affect the profitability of major graphics card suppliers Nvidia and AMD from the second to fourth quarters of 2018, and players in their supply chains will see weaker earning and shipment growth momentums than a year earlier, according to industry sources.
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But the sudden decline in demand for mining graphics cards in April caused TUL's (Power Color) revenues for the month to plunge 80% sequentially to NT$280 million, the lowest since May 2017. The other Taiwan makers had scored revenues from motherboards, servers and notebooks in the month, making their actual declines in revenues from graphic cards sales hard to figure out.