AMD CEO Lisa Su downplays the company’s role in crypto mining

AMD CEO Lisa Su at Code Conference 2021. | Photo: Asa Mathat

Can’t get a new graphics card for your PC? You might be tempted to blame bots, scalpers or cryptocurrency miners for that — but AMD CEO Lisa Su is downplaying the impact of crypto at the 2021 Code Conference today. When asked about how big a deal crypto is for the chipmaker, she told the audience that it’s a rather small part of AMD’s business, called it “a pretty volatile space,” and suggested that it shouldn’t be a focus for AMD going forward either.

That’s not a particularly surprising stance for several reasons. First, what upside there was for GPU makers like AMD and Nvidia has drastically shrunk — GPU prices have slowly been dropping amidst China’s cryptocurrency crackdown, which only got stronger this past week as China’s central...

Continue reading…



from The Verge - All Posts https://ift.tt/2XX77Bz

Comments

Popular posts from this blog

Gemini app finally expands to audio files

Hilarious Indian PUBG video goes viral with over 10 million views under 24 hours

Trailers of the week: Star Trek, Severance, and Gundam