According to a DigiTimes report recent downtrends in crypto-markets have led to a parallel decline in the price of graphics cards.
The prices of graphics cards will go down
Anonymous sources said the sale of ASIC mining equipment has been affected by the strong downward trend in prices of most crypto-currencies. As a result, prices will fall by 20% this month.
Taiwan Semiconductor Manufacturing Company, as well as its integrated circuit design (IC) design partners such as Global Unichip, are among the companies directly affected by falling prices from the cryptocurrency market.
This situation would be inevitable in order to liquidate stocks considered too important. DigiTimes reported that the overall inventory of the graphics card market is in the order of several million units.
Nvidia delays the launch of its new model
NVIDIA , a graphics card provider based in the United States, has about a million GPUs. Consequently, the sale of the company's next-generation GPUs will have to be postponed until the fourth quarter of this year.
After making $ 289 million in processor sales in the first three months of 2018, Nvidia expects a two-thirds drop in sales performance in the second quarter. The correction of the cryptocurrency market would be the main reason.
Bitmain, a Chinese manufacturer of ASIC, has invested in Artificial Intelligence (AI), due to the stricter local regulation of digital currencies.If demand for cryptocurrency mining were to decline, the stock price of Advanced Micro Devices Inc. (AMD) could in parallel tumble.
Companies manufacturing ASIC materials are experiencing an imbalance in supply and demand. While many companies have benefited from increased demand during strong upward price trends, they are currently facing the opposite situation.
What do you think of the decline in the price of graphics cards? Would this be good news in the long term or bad? Comment in the comments section below.
Posted from my blog with SteemPress : https://z22news.com/graphics-cards-a-price-drop-of-20-this-month/