Advanced Micro Devices Inc (AMD)

[Viewmont]

AMD Notches a Gain, but Waning Cryptocurrency Demand Will Take Its Toll
Motley Fool
Harsh Chauhan, The Motley Fool
,Motley Fool•October 1, 2018
Advanced Micro Devices (NASDAQ: AMD) has done really well to cut into NVIDIA's (NASDAQ: NVDA) lead in the discrete graphics card space. Jon Peddie Research's latest discrete GPU (graphics processing unit) data shows that AMD controlled 36.1% of this market at the end of the second quarter of 2018, with NVIDIA controlling the rest. AMD"s share is up from 30.3% during the same period last year.

The company's impressive progress has been driven by solid demand for its graphics cards by cryptocurrency miners. However, with that catalyst now fading, it won't be long before NVIDIA starts turning the tables.