04-26-2018, 10:48 PM
https://www.extremetech.com/gaming/26827...ooling-off
Quote:According to DigiTimes, Gigabyte, MSI, and TUL are expecting their shipments to plunge by 40 percent this month, courtesy of a sudden drop in demand for GPUs at every price point. Apparently cryptocurrency miners are concerned about the availability of Bitmain’s ASICs and no longer want to invest in conventional graphics cards, since faster, more efficient ASICs might be available by Q3. To give you an idea how insane the profit-taking has been, GPU manufacturers expect to see their profit margins — which have been as high as 50 percent — decline by half, to 25 percent or more. For months, we’ve explained that while AMD and Nvidia benefit from higher GPU sales in terms of total unit shipments, they don’t actually capture much profit when card prices go through the roof. These declines, if DigiTimes is right, are a further indication of who is actually capturing the value here — and it wasn’t Nvidia or AMD.
...
DigiTimes’ track record on these kinds of predictions is mixed, and the hard fork expected for currencies like Ethereum could kill Bitmain’s ASIC plans before they get started, so don’t count this as a given yet. But we’re hoping that in six months, the GPU market will have recovered to something approaching equilibrium, as opposed to overheating like a coked-out parrot in a sauna.