Posted: Kathleen Maher 08.29.17
AMD's new Vegas get thumbs up from Nasdaq.com
Advanced Micro Devices, Inc. AMD recently unveiled its new Radeon RX Vega 56 and 64 graphics cards. We believe that this launch will provide AMD an edge against NVIDIA's NVDA , GeForce GTX 1080 and 1070 cards, which were released last year.
Though the reviews have been moderately positive, per PC Gamer power consumption is higher than the year-old GeForce cards. Nevertheless, with these cards, AMD is foraying into the high-end graphics card market.
The article also says:
Per Jon Peddie Research (JPR), with an increase in the number of people engaging in PC gaming, the related hardware market is experiencing a huge boost. Per the research firm, the market exceeded $30 billion mark in 2016 and is anticipated to witness compound annual growth rate (CAGR) of 6% through 2019.
Seeking Alpha is excited about the Cryptocurrency surge and it's effect on Nvidia sales
Here's what they say:
Ignore the skeptics, GPU-based cryptocurrency mining is not slowing down. As long as the price of Ether is trading above$340, GPU-centric cryptocurrency mining will continue its upward momentum. Like Advanced Micro Devices (AMD), Nvidia (NVDA) greatly benefited from the big surge in video card-centric cryptocurrency mining. Ethereum mining’s rapid rise in popularity starting last April is why Q2 2017’s posted a 34.9% Y/Y rise in discrete GPU (Graphics Processing Unit) shipments. Q2’s global GPU shipment was also sequentially 30.9% higher.