© Reuters.

AMD’s sales of graphics cards to cryptocurrency miners have all but dried up.

The chip manufacturer generated “negligible” revenue from blockchain-related GPU sales in the third quarter, accounting for only a “high single digit percentage” of the company’s top line, AMD said Wednesday. This followed a drop in this type of revenue in the previous quarter.

Overall, AMD’S computing and graphics revenue slid 14 percent from the second quarter, though revenue from this business line was up 12 percent compared to a year earlier.

Continue Reading on CoinDesk

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.




GPU Sales to Crypto Miners Was ‘Negligible’ in Q3 By CoinDesk