Quote:
Originally Posted by Jeff P
If I'm reading the article right:
AMD experienced 60% sales growth in the GPU space. (Impressive.)
But AMD had previously said sales in the cryptocurrency space were a mid-single-digit percentage of AMD’s annual revenue - but admitted that that sales were probably about a percentage point higher than she thought.
Nvidia reports on Feb 8th and I'm curious what their GPU numbers will look like compared to AMD's numbers.
I found an article that sheds some light as to why I think the GPU shortage is resulting from the AI space and not the cryptocurrency space (which I think is being sensationalized by the press.)
From Wallstreetpit - Jan 25, 2018 --
AI Generates High-Performing Neural Nets In A Matter of Hours:
http://wallstreetpit.com/114462-ai-g...ors_picks=true
--this:
Think about that for a second.
One computer. 27,000 GPUs and 9,000 CPUs.
-jp
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I don't see why this wouldn't be what is causing the retail run on GPUs (crypto mining). I mean, the above says it itself. These things were MADE for mining cryptocurrency, and it's been one of the hottest topics as bitcoin rose to the $20,000 mark...how is it inconceivable that there was a mad rush to buy up these higher-end cards and that's what caused the shortage and the price gouging?
