AP Photo/Matthias Rietschel AMD told analysts on its first quarter earnings call that it's not worried about second-hand graphics chips flooding the market as the interest in crypto dies down. Cryptocurrency mining made up 10% of the company’s first quarter revenue, the CFO said. Shares surged more than 9% following its expectations-topping earnings results. Follow AMD’s stock price in real-time here. AMD (Advanced Micro Devices) got a big boost as its graphics chips, once popular only among...
AMD shrugs off one of Wall Street's biggest concerns about crypto mining (AMD)
Business Insider - 26 Apr 2018 17:29
AP Photo/Matthias Rietschel AMD told analysts on its first quarter earnings call that it's not worried about second-hand graphics chips flooding the market as the interest in crypto dies down. Cryptocurrency mining made up 10% of the company’s first quarter revenue, the CFO said. Shares surged more than 9% following its expectations-topping earnings results. Follow AMD’s stock price in real-time here. AMD (Advanced Micro Devices) got a big boost as its graphics chips, once popular only among...
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