AMD News

AMD and ConsenSys’ W3bcloud joint venture obtained $20 million through the sale of convertible notes.

The hardware manufacturer beat Wall Street expectations on adjusted earnings, as executives remain upbeat about the coming quarter.

U.S. hardware manufacturer Nvidia reported full-year revenue gains in 2018.

RBC analyst Mitch Steves found through calculations that Nvidia reportedly earned $1.35 bln more in crypto, blockchain revenue than reported.

AMD’s financial data for Q4 2018 appears to confirm a continued mixed market.

Ahead of the release of AMD’s Q4 2018 report, some analysts predict that a “crypto hangover” could still be affecting the company’s revenues.

ConsenSys, AMD and Abu-Dhabi-based Halo Holdings have partnered to build a blockchain-based cloud computing infrastructure for the public and private sector.

Radeon RX580, a GPU widely used both by miners and gamers, is now being sold for $180, a price drop of over 67 percent since February.

Mining hardware manufacturers invent new ways to increase their competitiveness and tackle miners’ interest decline as September was the first month when private miners’ profits went into the negative.

U.S.-based semiconductor manufacturer AMD has produced eight new crypto mining rigs, marketed as “blockchain compute solutions.”

American semiconductor manufacturer AMD has revealed “negligible” blockchain-related GPU sales in its 3rd quarter report.

GPU prices have been declining following a price drop in virtual currencies during the first half of 2018.

Graphics card suppliers will lower their prices in July, sources say, as the crypto market correction has led to less mining demand.

With the growing complexity of the network and competition on the market, smaller miners give way to mining farms, specialised in industrial mining.

While the AMD stock price has climbed partly in thanks to the crypto mining boom, analysts warn that a cool down in crypto mining could mean this year’s gains will not last.