Nvidia: No new GPUs and slower demand for bitcoins will hurt Nvidia's partners



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The lack of new GPU coupled with a slowdown in Bitcoin extraction harms Nvidia's partners. According to the latest earnings report from Gigabyte, a maker of Taiwanese motherboards and graphics cards saw its profits decline due to a lower-than-expected GPU demand. According to recent estimates, Gigabyte's GPU revenues have halved, if not more. This resulted in a decrease of $ 10 million (about 41 million rupees and 9 lakes) in the second quarter of $ 10 million (about 68 million rupees and 49 lakes) in the first quarter, with its non-GPU interests "like Gigabyte's non-GPU business is less volatile and accounts for 49% of total business in the first quarter, investors should be able to conclude that graphics card revenue has declined by more than 50% from Q1 to Q2, "observes Seeking Alpha, who suggests that weak mining demand and Bitcoin games have hit society hard.

With the likes of MSI to publish their quarterly results this week, Gigabyte is the first to reveal how much Nvidia's lack of new product has hit its ecosystem of partners June 2016 was the weakest month of revenue for Gigabyte since December 2016.

"Based on these figures Gigabyte sales, we can conclude that June has been an unusually low month in GPU. Nvidia has guided it as soon as the GPU market has experienced a slight rally of crypto early May. I think this data point is the first tangible proof that Nvidia's CEO comments on the Q1 call regarding game demand and Q2 seasonal gaming revenue expectations were inconsistent and overly optimistic, " According to the previous report, which suggested that due to overestimation of the demand for mining Bitcoin mining GPU and the demand of players, so that one of the main Asian OEM partners would have returned 300,000 GPU to Nvidia [19659002] These problems are further compounded by the fact that Nvidia has not yet planned to launch new GPUs.The company has been for an event at Gamescom 2018 – the European version of E3. , Gamesv was used by Nvidia to launch new software features to complement its hardware as Nvidia Ansel's support.

This means that without a new Nvidia GPU soon, the third quarter for no Many manufacturers are going to be worse, especially in July and August, in anticipation of a speculative window on the release in September. Thanks to leaks of what could be a GeForce GTX 1180 and a video from a Lenovo representative that "time to market with NVIDIA 11 Series up to 1180 on the road" at E3 2018 credibilizes a possible GeForce GTX 1180 release date at Gamescom 2018.

Although it will be interesting to see if it sticks to the 11xx denomination. The latest GPU leak indicates that one could be off.

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