Ethel Jiang, provided by Published 9:54 am CST, Thursday, December 27, 2018 Fabrizio Bensch/REUTERS AMD and Nvidia's gaming chips are facing falling prices on secondary platforms such as Newegg, Amazon, and eBay, according to RBC. Their decreasing average selling prices could indicate a slowdown in the gaming business, according to RBC analyst Mitch Steves. Weakness could also be related to cooling crypto-mining activities, Steves added. Watch AMD and Nvidia trade live. Chipmakers such as AMD and Nvidia are under pressure as their gaming chips are losing pricing power, RBC says. Prices on secondary platforms such as Newegg, Amazon and eBay are falling, according to the firm. For example, AMD's mid-range chip RX 580 was selling at $249 to $299 on Amazon a month ago, but is now priced at around $189. Meanwhile, Nvidia's high-end graphics card GTX 1070 has seen its selling price continue to slide since February. Their decreasing average selling prices could … [Read more...] about AMD and Nvidia are facing near-term pressure as cheaper gaming chips are flooding the secondary market, RBC says (AMD, NVDA)
Profitable gpu mining 2018
Dec 26, 10:19 PM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Harsh Chauhan 12/26/18 AT 10:18 PM Advanced Micro Devices (NASDAQ:AMD) has been in hot water of late because of the waning demand for graphics cards used in cryptocurrency mining. Higher inventory levels are bringing graphics-card prices back to normal levels and hurting AMD's finances.This article originally appeared in the Motley Fool.The company's top and bottom lines are expected to drop slightly in the fourth quarter. For comparison, AMD's revenue had shot up 33% annually in the same period last year and it had posted a nice profit, versus a loss in the prior-year period. It is natural for AMD investors to be worried by this slowdown, but they shouldn't forget that the company is making the right moves in another important area at Intel's (NASDAQ:INTC) expense.AMD keeps chipping away at Intel's CPU … [Read more...] about Will This Be AMD’s Big Break In 2019?
Dec 26, 1:51 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Harsh Chauhan 12/26/18 AT 1:47 AM It's been a roller-coaster ride for NVIDIA (NASDAQ:NVDA) in 2018. The all-conquering graphics chip specialist looked unstoppable for the majority of the year thanks to terrific growth in its PC gaming and data center businesses. However, tragedy struck in mid-November once the chipmaker announced that its growth is going to hit a wall.This article originally appeared in The Motley Fool.The root of the problemNVIDIA's revenue growth is expected to drop into the single digits this quarter. The reason: weak demand for graphics cards. Cryptocurrency mining was a key catalyst for graphics card sales and pricing. Miners bought GPUs (graphics processing units) in droves when mining digital currencies such as bitcoin was profitable, creating a supply shortfall that led to a massive rise in prices.But the … [Read more...] about Weak Crypto-Mining Demand Is Hurting NVIDIA’s Cash Flow Momentum
Sep 27, 5:14 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Markets / FinanceMillennial Money By Ranjitha Shastry 09/11/18 AT 1:00 AM Cryptocurrencies are steadily gaining in popularity and crypto products are being evaluated by watchdogs across the globe as investment options. But there is a way to gain from this crypto-mania other than by investing in cryptocurrencies or crypto products: cryptocurrency mining. Also called crypto mining, it is a process of adding transactions to the blockchain and also releasing new currency. The mining process involves competing with other cryptominers to solve complicated mathematical problems. The first cryptocurrency miner to crack the code is rewarded by being able to authorize the transaction. And in return for the service provided, cryptominers earn small amounts of cryptocurrency of their own. Since the difficulty in mining of various crypto currency is constantly changing, … [Read more...] about Cryptocurrency Mining: Top 5 Coins To Mine In 2018
San Antonio, Texas, May 10, 2018 (GLOBE NEWSWIRE) -- Contact:Holly SchoenfeldtMarketing & Public Relations [email protected] Immediate ReleaseU.S. Global Investors Reports Financial Results for the Third Quarter of 2018 Fiscal Year************************************************************************SAN ANTONIO–May 10, 2018–U.S. Global Investors, Inc. (NASDAQ: GROW ) (the “Company”), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported a net loss of $1.1 million, or $0.07 per share for the quarter ended March 31, 2018. For the nine-month period, however, net income was $959,000, or $0.06 per share, an increase of more than 300 percent compared to the same period last year.The most significant contributor to the quarterly net loss was related to the Company’s investment in the Galileo Partners Fund (the “Galileo Fund”), managed by … [Read more...] about U.S. Global Investors Reports Financial Results for the Third Quarter of 2018 Fiscal Year