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AMD is struggling with declining sales graphics chips by decrease bitcoinmining
AMD has suffered from the declining interest in bitcoinmining and the company saw sales of GPUs fall back significantly for high-end cards in the past quarter. The strong sales of chips for the PlayStation 4 and Xbox One did not prevent loss. AMD
AMD’s Graphics and Visual Solutions Division took in the quarter although a turnover by $ 772 million converted 520 million, was 141 percent higher than after the same period last year, but that growth can be attributed almost entirely to the good sales of socs for the Sony PS4 and Microsoft Xbox One.
Revenues from GPUs namely decreased compared to both the previous quarter as compared to the three-month period last year. AMD did manage to put away more GPUs to laptop manufacturers, but the supply of GPUs for high-end video cards decreased significantly. “We had expected that minen crypto currency would decline, but the decline was greatly enhanced by the problems at some exchanges,” said AMD CEO Rory Read this, “Because of the sharp decline, the market was flooded for used cards.” AMD expects partly why the situation does not improve in the current quarter.
AMD also sold fewer desktop processors, but more APUs for laptops. In addition, sales of chips for so-dense servers’ for hpc, data centers and cloud computing in the first half doubled. AMD is introducing. According Read on course on the Opteron A1100 chip codenamed Seattle in the fourth quarter of this year Seattle is AMD’s first on 64bit arm-soc for servers.
The chip design company continues with the objective of 40 percent of its revenue from semi-custom chips as they make up for game consoles, according to the company there are agreements with one or two new major customers for this in the offing. Eventually, the quarterly loss from AMD on revenue of $ 1.44 billion, or 1 billion. Amounted to 36 million dollars, converted 26.6 million euros,Viewing:-158
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