|
|
01-27-2018, 04:44 PM
|
#16
|
Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,773
|
Just followed a link to this
__________________
WE ARE THE DUMBEST COUNTRY ON THE PLANET!
|
|
|
01-27-2018, 04:52 PM
|
#17
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,542
|
I have a 1080TI...thinking I should just shut my PC down, pull it out, and sell the card...LMAO
|
|
|
01-27-2018, 05:08 PM
|
#18
|
Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,773
|
Quote:
Originally Posted by PaceAdvantage
I have a 1080TI...thinking I should just shut my PC down, pull it out, and sell the card...LMAO
|
You probably could.
https://www.ebay.com/sch/i.html?_fro...080ti&_sacat=0
__________________
WE ARE THE DUMBEST COUNTRY ON THE PLANET!
|
|
|
01-28-2018, 01:42 PM
|
#19
|
Registered User
Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 5,287
|
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
.
__________________
Team JCapper: 2011 PAIHL Regular Season ROI Leader after 15 weeks
www.JCapper.com
|
|
|
01-28-2018, 09:31 PM
|
#20
|
Veteran
Join Date: May 2016
Posts: 1,831
|
Thing is, at only 3 or 5% , I don't think you'd see a tripling of the price of cards, UNLESS the gpu makers were way behind the curve in terms of output, driven by a chip shortage or bad planning.
|
|
|
01-30-2018, 10:20 PM
|
#21
|
Registered User
Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 5,287
|
AMD reported earnings after close of market today and their numbers shed some light on what's being talked about in this thread.
From Marketwatch - Jan 30, 2018 --
AMD earnings show crypto and PC strength, stock bounces around:
https://www.marketwatch.com/story/am...way-2018-01-30
--this
Quote:
Revenue rose to $1.48 billion from $1.11 billion in the year-ago period, thanks to a strong performance from the company’s computing and graphics segment, which includes personal-computer sales and graphics-processing units. That unit grew 60% year-over-year to $958 million, easily eclipsing average analyst expectations of $862.5 million, according to FactSet.
|
--and this:
Quote:
Some analysts had predicted that AMD could outperform with graphics chips because of sales of cryptocurrency miners, and AMD Chief Executive Lisa Su admitted Tuesday that crypto sales were a bigger part of the business than she had previously predicted. Su previously said that crypto sales were a mid-single-digit percentage of AMD’s annual revenue of $5.33 billion, and she admitted in a conference call that sales were probably about a percentage point higher than she thought.
|
If I'm reading the article right:
AMD experienced 60% sales growth in the GPU space. (Impressive.)
But even though sales in the cryptocurrency space came in better than expected: The cryptocurrency space remains a small part percentage-wise of AMD's overall business.
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 faster than expected growth in 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:
Quote:
The team at ORNL is looking forward to the lab’s next supercomputer called Summit, scheduled to come online sometime this year. The new superfast system, which will contain more than 27,000 of Nvidia’s (NASDAQ:NVDA) newest Volta GPUs in addition to more than 9,000 IBM Power9 CPUs, is expected to deliver more than 5x the performance of its predecessor. That could potentially deliver exascale-level performance for deep learning problems, thus allowing researchers get a handle on some of science’s most persistent mysteries.
|
Think about that for a second.
One computer. 27,000 GPUs and 9,000 CPUs.
-jp
.
__________________
Team JCapper: 2011 PAIHL Regular Season ROI Leader after 15 weeks
www.JCapper.com
Last edited by Jeff P; 01-30-2018 at 10:32 PM.
|
|
|
01-30-2018, 10:25 PM
|
#22
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,542
|
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
.
|
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?
|
|
|
01-30-2018, 10:43 PM
|
#23
|
Registered User
Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 5,287
|
Spend some time looking at numbers reported by Nvidia and AMD over the past few quarters.
Yes, it's true. The cryptocurrency space is growing. Despite that, crypto is still just a tiny part percentage-wise of total GPU sales.
The mad rush for high end GPUs is in the much bigger AI space. (Which the press isn't sensationalizing nearly so much as cryptocurrency.)
-jp
.
__________________
Team JCapper: 2011 PAIHL Regular Season ROI Leader after 15 weeks
www.JCapper.com
Last edited by Jeff P; 01-30-2018 at 10:46 PM.
|
|
|
01-31-2018, 02:22 PM
|
#24
|
Registered User
Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 5,287
|
Some interesting comments by Cramer after AMD reported earnings yesterday:
https://vid.thestreet.com/p/105/sp/0...d/35/video.mp4
-jp
.
__________________
Team JCapper: 2011 PAIHL Regular Season ROI Leader after 15 weeks
www.JCapper.com
|
|
|
01-31-2018, 04:43 PM
|
#25
|
Veteran
Join Date: May 2016
Posts: 1,831
|
Think about that for a second.
One computer. 27,000 GPUs and 9,000 CPUs.
Didn't know things had gotten so out of hand.
Wonder if it can pick a winner...
|
|
|
02-01-2018, 11:02 AM
|
#26
|
Registered User
Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 5,287
|
Found an article that goes into detail about what's being talked about in this thread.
from SeekingAlpha|Jan. 29, 2018 8:51 PM ET --
Crypto Mining Could Be Playing Games With Nvidia:
https://seekingalpha.com/article/414...&uprof=66&dr=1
--this:
Quote:
Graphics card manufacturing problems
Multiple contacts within our global supply chain are saying the shortage of cards is because of a shortage of memory used on the cards.
|
--and this:
Quote:
Right now, there is more demand than supply. There is unmet demand from both gamers and miners. The relevant question is whether supply has contracted or demand has exploded. Supply is not meeting demand, so it has to be because of one of the following reasons:- Manufacturing bottlenecks at the card level
- Tremendous demand from crypto miners
- Shortages of key components like graphic memory
If it is because of manufacturing bottlenecks, that explains everything. That would be bad short term for Nvidia, due to the current reliance the company has on the gaming segment to fund the "stepping stones" for its future growth initiatives in AI, cloud data centers, and automotive.
If it is because of miner demand, it is not from Europe or the Americas, because the cards are just not arriving, unless it is through the deep black market. If it is miner demand, it is coming from Asia, and that is also not good for Nvidia, as it means the gaming markets in NA and Europe are left high and dry. Many gamers on message boards are already posting comments with the general theme of "miners must die".
If it is because of a GDDR5 memory shortage, that is good for a company like Micron, as it means the company is selling as much as it can make at prices favorable to it. Obviously, this is temporally not a good scenario for Nvidia.
So if crypto mining is off the charts, balls to walls, driving demand for Nvidia GeForce GPUs, it is an Asian phenomenon.
|
-jp
.
__________________
Team JCapper: 2011 PAIHL Regular Season ROI Leader after 15 weeks
www.JCapper.com
|
|
|
02-08-2018, 09:05 PM
|
#27
|
Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,773
|
https://www.polygon.com/2018/1/26/16...-mining-stores
Micro center trying to protect gamers......
I used to work for these guys.......good company
__________________
WE ARE THE DUMBEST COUNTRY ON THE PLANET!
|
|
|
02-09-2018, 05:54 AM
|
#28
|
Registered User
Join Date: Aug 2007
Posts: 531
|
Nvidia reports record revenues in latest fiscal quarter
Nvidia reports record revenues in latest fiscal quarter
But cryptocurrency not growing for the GPU giants
The only area where growth was “approximately flat” was cryptocurrency, an area where people are increasingly turning to custom ASIC chips. Nvidia said it managed to “meet some demand,” but the change was “difficult to quantify.”
http://www.theregister.co.uk/2018/02...uarter/http://
|
|
|
08-20-2018, 09:05 PM
|
#30
|
Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,773
|
__________________
WE ARE THE DUMBEST COUNTRY ON THE PLANET!
|
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|