Australia markets closed
  • ALL ORDS

    7,713.10
    -32.80 (-0.42%)
     
  • AUD/USD

    0.6941
    +0.0051 (+0.74%)
     
  • ASX 200

    7,504.10
    -34.90 (-0.46%)
     
  • OIL

    75.17
    +1.06 (+1.43%)
     
  • GOLD

    1,886.90
    +7.40 (+0.39%)
     
  • BTC-AUD

    33,051.07
    +59.93 (+0.18%)
     
  • CMC Crypto 200

    526.65
    +1.52 (+0.29%)
     

AMD Is the Big Loser in the Graphics Card Market

AMD Is the Big Loser in the Graphics Card Market

Unit shipments of graphics cards plunged 31.9% year over year in the third quarter, according to data from Jon Peddie Research, the first decline since the pandemic began. Demand from cryptocurrency miners has essentially vanished as crypto prices plunge, and a recovery doesn't look likely as the industry buckles under the weight of scandals and frauds. The PC market is in shambles, with unit shipments plunging nearly 20% in the third quarter.