AMD representatives published a report stating that sales of popular among the miners of video cards are steadily falling.
The document says that the revenue from the sales of “blockchain-related video cards” in the third quarter is much less than in the previous quarter. The share of revenues from this area in the total amount of revenue "is expressed as a single digit in percentage terms".
According to the company, in the third quarter its revenue rose to $ 1.65 billion - by 4% compared to last year - but amounted to less than the expected $ 1.7 billion. This is attributed to the general decline in sales in the segment of computing and graphics processors relative to the previous quarter.
The document also says that in the fourth quarter of 2018, AMD expects to receive about $ 1.45 billion, thus exceeding the same period of the previous year by 8% - in the fourth quarter of 2017, the company's revenue amounted to $ 1.34 billion.
Representatives of the company expect continued decline in sales of popular among the miners of GPU-devices.
In April, AMD analysts predicted that by the end of 2018, profits from sales of mining equipment will be less than 10%.