Major graphic card makers to see shipments decline by 40 per cent

Federico Mansilla
Abril 26, 2018

Taiwan-based graphics card makers including Gigabyte Technology, Micro-Star International (MSI) and TUL are expected to see their shipments for April plunge over 40% on month, as many clients have suspended taking shipments in response to drastic slowdown in demand for cryptocurrency mining machines, according to industry sources. Keeping in mind the fact that there is usually a bureaucratic delay associated with such assumptions, and the fact that the crypto market just started rebounding, it remains to be seen how accurate these predictions are going to be.

Taiwan based graphics card makers are expecting to feel the pinch as shipments are down over 40 per cent, month on month. They anticipate mining rewards to pick up gradually in the third quarter, as Bitcoin and Ethereum values may rebound following sharp declines seen in early 2018, the sources indicated. Due to the high ROI offered by mining, graphics card manufacturers were able to sustain insanely high margins of up to 50% with prices following a supranatural trend.

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Why? Well, Bitmain is releasing their Ethereum ASIC miner which kicks GPU mining's ass. with the Antminer E3 coming soon. Gigabyte posted record shipments of 4.5 million graphic cards in 2017, up one million on a year, with profits from the shipments doubling to over $67.37 million, it's a similar story for MSI and TUL.

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