NVIDIA and AMD Are Losing Gamers to Cryptocurrency Chaos [The Motley Fool]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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investor.nvidia.com/home/default.aspx
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Source: The Motley Fool
The two chipmakers could suffer as price gougers force gamers to postpone their PC upgrades. Surging cryptocurrency prices caused demand for NVIDIA ( NASDAQ:NVDA ) and AMD 's ( NASDAQ:AMD ) high-end GPUs to spike over the past year. That sounds like great news for the two chipmakers, but the supply shortages and soaring market prices are also alienating their core gaming customers. GameSpot 's Jimmy Thang recently told readers that due to the cryptocurrency craze, which is skyrocketing the price of graphics cards, now is a really bad time to buy a GPU. Thang noted that NVIDIA's high-end GTX 1080 Ti, which has an MSRP of $700, now has an average street price of $1,350. The GTX 1080, which has an MSRP of $550, has an average street price of $1,100. AMD's top-tier RX Vega 64 has a whopping street price of $1,500 -- triple its MSRP of $500. Image source: Getty Images. In late January, Shrout Research's Ryan Shrout told CNBC that with availability con
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News
- Ericsson (ERIC) Q1 Earnings Beat Estimates, Top Line Falls Y/Y [Yahoo! Finance]Yahoo! Finance
- Advantech Collaborates with Phison to Develop GenAI Computing Platform for Edge and Industrial Applications [Yahoo! Finance]Yahoo! Finance
- AMD rolls out its latest chips for AI PCs as competition with Nvidia and Intel heats up [MSNBC.com]MSNBC.com
- NVIDIA Co. (NASDAQ: NVDA) is now covered by analysts at Evercore ISI. They set an "outperform" rating and a $1,160.00 price target on the stock.MarketBeat
- Chip Startup Rivos Raises More Than $250 Million to Tap AI Boom [BNN Bloomberg (Canada)]BNN Bloomberg
NVDA
Earnings
- 2/21/24 - Beat
NVDA
Sec Filings
- 4/10/24 - Form 4
- 4/9/24 - Form 4
- 4/3/24 - Form 4
- NVDA's page on the SEC website