September 27, 2021 11:29 pm
Original Link: https://www.theverge.com/2021/9/27/22697339/amd-crypto-mining-ceo-lisa-su-gpu-code-conference
AMD CEO Lisa Su downplays the companys role in crypto mining
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...
Original Link: https://www.theverge.com/2021/9/27/22697339/amd-crypto-mining-ceo-lisa-su-gpu-code-conference
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