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"And as of today, we have not reached that level

Oct. 10, 2018 by Elizabeth Duran

"And as of today, we have not reached that level of growth," added AMD's CEO, John Hill. "We are looking at the long term and it is a short term one. The company has to be able to keep up with demand. They have to be able to make good products without being short-sighted."

Nvidia has been making more and more of its GPUs based on ASICs. As for AMD's, they've started scaling up. AMD's business in the GPU space is growing at a steady 5.2% a year and the company had a $8 billion market share in 2012.

So how much will Nvidia's GPUs go for? For the time being, we can only speculate. "We are not sure how much we will be able to break even," Kress said. "We are still working on that. We are still a long way from getting there."

It's a good time to look at the value of the cryptocurrency industry.Still loading...