MiningMiningNEWS

AMD Quarterly Revenue Forecast Down as GPU Crypto Mining Falls

US semiconductor giant AMD has released its third quarter financial figures citing disappointment at waning crypto mining demand and falling markets. The company said that its quarterly revenue was up 4% year on year to $1.65 billion for the quarter but fell short of expectations which stood at $1.7 billion. This shortfall it attested to the decline in demand for graphics processors to mine…
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