Quote:
Originally Posted by AltonKelsey
Don't know why anyone would think that the crypto craze isn't driving a lot of the sales.
Saw this report today and hearing of an AMD card (the Radeon 56) listing for $ 399, selling for $999+ (at retail, not just ebay) and flying off the shelf.
These cards are better investments than the sh*tcoins
Analysts suggested the popularity of mining for ether, the cryptocurrency running on the Ethereum network, drove sales of graphics chips from AMD and Nvidia Corp. NVDA, more than the companies were letting on in the fourth quarter. |
I dunno.
I've been an Nvidia shareholder for a while now. Because of that I've gotten into the habit of listening to their quarterly earnings conference calls and reading the transcripts afterwards.
That's one of the reasons I knew that their GPU revenue in the cryptocurrency space was only about 3% of their total GPU revenue for the quarter ended Sept 30, 2017. (My contact who works for a startup in Silicon Valley being the other.)
If that's changed, if sales of GPUs in the cryptocurrency space have shot up as reported by the articles you linked to --
I will happily admit I was wrong.
Nvidia is
next scheduled to report earnings on Feb 8th.
We'll know for sure then.
-jp
.
