Taiwanese manufacturer of microchips cut costs. What will happen to prices on video cards?

Date:

2018-07-21 05:15:06

Views:

3767

Rating:

1Like 0Dislike

Share:

Taiwanese manufacturer of microchips cut costs. What will happen to prices on video cards? Source:

A Leading manufacturer of microchips, Taiwan Semiconductor Manufacturing Co. (TSMC) has lowered its projected annual revenue due to falling demand from miners and smartphone market. Report TSMC can reduce prices on video cards, as the company produces chips for Nvidia Corp. and Qualcomm Inc. About it writes .

the

mining loses profitability

Analysts TSMC lowered its forecast revenue growth below ten percent. Presumably, the capital expenditure of the company will be reduced from 12 to 10 billion dollars. The main reason for the slowdown in production, falling demand from miners.

In the second quarter of 2018 TSMC reported a 9% increase in net profit to $ 2.3 billion. The sales for the PC industry made up 21 percent of total revenue, which is 12 percent more than last year. Chief financial officer Lora Ho TSMC already found an alternative for the company.

TSMC will switch to the launch of new product lines, while the demand for cryptocurrency mining drops.

Recall that in April TMSC analysts have reduced the projected rate of growth of income from 15 to 10 percent. In the first quarter on the market growth trends in mining, but then the company faced a sharp decline in demand for 28-nanometer chips for ASIC miners.

by the Way, the settings Antminer Z9 and A9 mini ZMaster for the production of zcash for, ZClassic, Bitcoin Private or Hush search for .

Cryptocurrency is so greatly influenced the market of equipment that now bearish trend pulls down not only the price of Bitcoin. According to experts, the cost of the current generation of Nvidia cards by 20 percent. In order not to miss the opportunity to collect cheap cryptoform, ask the advice of our .

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Four real-world applications of the blockchain in the real world

Four real-world applications of the blockchain in the real world

It would be an understatement to say that the technology of the blockchain is one of the most innovative in this century. Whenever we think about it, we automatically recall cryptocurrencies, mainly Bitcoin. However, BTC is not th...

Arthur Hayes: Bitcoin hasn't found its bottom

Arthur Hayes: Bitcoin hasn't found its bottom

the mood of the players of the stock market changed dramatically on Tuesday, a Bitcoin for half an hour and added 10% to the cost. Recall, for the last couple of months this is the biggest jump in the course of bitcoin. However, t...

How to buy Bitcoin in 2015 and nothing to earn. Master-class investors from India

How to buy Bitcoin in 2015 and nothing to earn. Master-class investors from India

In 2015, Amit Bhardvadzh began to attract investors, promising them not too realistic profits from investing in Bitcoin. Today, according to the report , he is ready to return to the deceived investors of the original investment i...

Investor Barry Silbert: Bitcoin has already passed the bottom

Investor Barry Silbert: Bitcoin has already passed the bottom

In early April, investor and founder of Fundstrat Tom Lee that Bitcoin will bottom out in the second half of the month. According to him, the reason will be the term of payment of taxes in the United States. The prediction of the ...

Change the startup has launched the app to trade cryptocurrency without a fee

Change the startup has launched the app to trade cryptocurrency without a fee

In June, the Director General of service trade stocks and bitcoin without fee Robinhood Bigu butt that digital money has a great future, and in the short term, rates will continue to rise. Now the future of cryptocurrency looks ev...

Bitcoin holds above 7 thousand dollars — what happens next? Expert opinion

Bitcoin holds above 7 thousand dollars — what happens next? Expert opinion

Yesterday, the founder Foundstrat that Bitcoin can grow up to 10.5 thousand dollars in the near future. Such a conclusion he made after studying the 200-day moving average coins. Meanwhile, the first cryptocurrency is approaching ...

Grayscale Investments, the Fund reported record investment in Bitcoin

Grayscale Investments, the Fund reported record investment in Bitcoin

the Company Barry Silbert Grayscale Investments has published an interesting report in which he formulated the theory of new inflows to the Bitcoin. It is noteworthy that the lower the price of the cryptocurrency, the more money g...

Investor Kenneth Griffin: I don't see why I need Bitcoin

Investor Kenneth Griffin: I don't see why I need Bitcoin

In may, investor Warren Buffett Bitcoin "rat poison in the square, which rests only on the momentary interest of investors". After that the businessman was under a barrage of criticism from cryptoendoliths — Buffett blamed the fac...

What do you think about Bitcoin foreign football fans in Russia?

What do you think about Bitcoin foreign football fans in Russia?

Since the victory of France for the 2018 world Cup it's been a few days. Moscow gradually comes to life after the festivities of the fans and returns to normal life. While on the streets still go foreigners, reporter Michael Atkin...

Mark Lasry: Bitcoin will beat its own record this year

Mark Lasry: Bitcoin will beat its own record this year

the CEO of Avenue Capital Group believes that soon Bitcoin will beat its own record price of 2017. According to ESRI, digital assets are already included in daily, and the launch of trading platforms for investors will raise the r...

Tom Lee: Bitcoin can grow to $ 10,500 in the near future

Tom Lee: Bitcoin can grow to $ 10,500 in the near future

After a Bitcoin on Tuesday, head of research at Fundstrat Global Advisors Tom Lee gave an interview in the TV show CNBC. Analyst told why cryptocurrency will continue to break through new levels of resistance. About it writes . th...

Schema Snorri will be the biggest change Bitcoin since SegWit

Schema Snorri will be the biggest change Bitcoin since SegWit

Bitcoin has received one of the most important improvements last week, when an influential developer Peter Wuille opened your project from a technical point of view. Together with the presentation of ideas, it became apparent that...

Large investors will raise the price of Bitcoin to the skies. How will this happen?

Large investors will raise the price of Bitcoin to the skies. How will this happen?

Big money will soon come for the stock market. Over the last six months this was echoed by all the desperate traders. Whether institutional investors are interested in the industry and are looking for a suitable entry point? The p...

The world's largest Association of institutional investors launched courses on cryptocurrency

The world's largest Association of institutional investors launched courses on cryptocurrency

last week, the Russian don state technical University first courses on cryptocurrency and the blockchain. Student recruitment will begin in September. Now the world's largest Association of professionals in the area of investment,...

Cryptomonad. As Change.org will collect donations with the help of mining?

Cryptomonad. As Change.org will collect donations with the help of mining?

a Social platform for petitions Change.org has announced the launch of the screensaver, which will mine Monero. Users can download The Screensaver for Mining voluntary support organization. About it writes . the mining cryptocurre...

Japan introduced a tax on cryptocurrency trading. Who will have to pay?

Japan introduced a tax on cryptocurrency trading. Who will have to pay?

In April, the government Thailandadalat the taxation of cryptocurrencies. Now traders will have to pay 7% VAT for transactions with the cryptocurrency, and an additional 15 percent for capital gains. Now taxes on transactions with...

What percentage of profit will be given to the Russian miners in taxes? The answer is in numbers

What percentage of profit will be given to the Russian miners in taxes? The answer is in numbers

In January, the head of the Russian Association of cryptocurrency and blockchain (RAKIB) Yuri Pripachkin that to impose a tax on mining in Russia is meaningless. According to him, to impose a fee mining cryptocurrencies is the sam...

In Kostroma traders arrested for cashing 530 million rubles in Bitcoin

In Kostroma traders arrested for cashing 530 million rubles in Bitcoin

In April, the government of Quebec published a report in which it called Bitcoin a bad choice for fraudsters. The paper noted that the coin is not convenient for the opposers to leave traces, because it is controlled by numerous F...

Time on the moon: why Bitcoin has grown, and will continue to do pump?

Time on the moon: why Bitcoin has grown, and will continue to do pump?

In the last 24 hours the main cryptocurrency has risen sharply in price. In just minutes Bitcoin resistance around 6800 USD and broke even higher at almost $ 700. What it is: the beginning of a new trend or just another pullback b...

Iran will create a national cryptocurrency for evading U.S. sanctions

Iran will create a national cryptocurrency for evading U.S. sanctions

Iran could launch its own cryptocurrency to evade economic sanctions from the United States. This was told to the well-known Iranian lawyer. He also claims that this issue will soon be considered at official level in the country's...