AMD and Nvidia report strong revenue amid still sky-high GPU pricing

NVIDIA GEFORCE GTX 1050 TI REVIEW
Bill Roberson/Digital Trends
Nvidia and AMD both posted strong earnings reports for the fourth quarter of 2017, as well as the entire year. For both top-tier tech firms, graphics card sales were a major driving force and alongside a few other factors, cryptocurrency miners were name-checked as one of the reasons they had such a strong year.

By the numbers, Nvidia had a record-breaking year, with fourth-quarter GAAP-adjusted revenue of $2.91 billion — up 34 percent from last year — and a yearly total of $9.71 billion, a 41-percent increase year on year. AMD earned less, but arguably had the more momentous year. After facing a net income loss of half a billion dollars in 2016, it managed to generate an annual net income of $43 million off of $5.33 billion in total revenue — more than a quarter of which came in during the fourth quarter.

While AMD certainly benefitted from a strong consumer response to its Ryzen CPUs in 2017, both it and Nvidia saw enormous interest in its add-in graphics cards. Although gamers and typical holiday demand were responsible in part for the strong graphics card sales for both companies, another driver of sales was cryptocurrency miners. The sheer demand from that market is why gamers have struggled to find reasonably priced graphics cards for much of the past year.

Neither company has stated outright that miners helped with the strong revenue each saw in 2017, but Nvidia’s CFO, Colette Kress, said in a chat with Polygon that demand from cryptocurrency miners did exceed all expectations. She also suggested that those sales represented a higher percentage of its revenue than last quarter.

Although it’s fair to say that Nvidia can’t keep track of where all of the graphics cards it sells end up, especially when partner retailers make the sales themselves, it has called on those partners to curtail sales to miners. That has seen some restrict the number of graphics cards that can be purchased at any one time, but available cards are still absurdly expensive and stock remains very low across the board.

There’s no clear end in sight either, even with the promised miner graphics cards. It is important for graphics card makers to get on top of the problem though. As HashFlare’s Edgar Bers, told Digital Trends in a recent interview, miners burning through cards quicker than they would with normal gaming usage could lead to enormous return rates as they seek to exploit lengthy warranties.

Another potential issue is that gamers frustrated by an inability to upgrade could turn to consoles instead. That wouldn’t be a total loss for AMD though, as it provides the graphics chips for both the Xbox One and PS4. The Nintendo Switch uses an Nvidia Tegra.

Computing

Snatch Apple’s 2017 15-inch MacBook Pro for up to $1,200 off at B&H

The latest deal at B&H is offering up 2017 15-inch Apple MacBook Pros, in space gray and silver, with Intel Core i7 quad-core CPUs, 16GB of RAM, and AMD Radeon Pro 560 GPUs with up to 2TB of SSD storage.
Gaming

How do Nintendo Switch, Xbox One X compare to each other? We find out

The Nintendo Switch is innovative enough to stand apart from traditional consoles, but could it become your primary gaming system? How does the Switch stack up against the Xbox One?
Gaming

The hottest Nintendo Switch games you can get right now

The Nintendo Switch's lineup started off small, but games have steadily released as the console continues through its second year. Here are the best Nintendo Switch games available now, from Super Mario Odyssey to Fortnite.
Movies & TV

'Stranger Things' season 3 teaser reveals the new episodes' titles

With a sophomore season as strong as its first, Stranger Things is now moving on to season 3. Here's everything we've learned so far about the Netflix series' upcoming third season.
Computing

Does Qualcomm's latest laptop processor hold up against Intel's Core i5?

Qualcomm has been nipping at Intel's mobile CPU heels for years and now it might finally have overtaken it. To find out whether it's new SoC can hold its own in mid-range computing, we pitted the Snapdragon 8cx vs. Core i5.
Photography

Not just for Lightroom anymore, Loupedeck+ now works with Photoshop

Loupedeck+ can now help photographers edit in Photoshop too, thanks to physical controls for swapping tools, running actions, and more. The photo-editing console expanded to include Photoshop in the list of compatible editing programs.
Computing

Turn your Raspberry Pi into a Steam streaming hub with Valve’s Steam Link app

Valve's Steam Link app is now fully supported by Raspberry PI hardware, meaning that just about anyone with a few dollars to spare can build their own Steam streaming box in a matter of minutes.
Computing

Amazon takes $300 off Intel Core i7 Surface Pro 6 in latest sale

If you're looking for savings on the Surface Pro 6, Amazon is the place to shop. It currently is discounting the Intel Core i7 variant of Microsoft's latest 2-in-1 by $300, though no Type Cover is included.
Music

Here's our head-to-head comparison of Pandora and Spotify

Which music streaming platform is best for you? We pit Spotify versus Pandora, two mighty streaming services with on-demand music and massive catalogs, comparing every facet of the two services to help you decide which is best.
Computing

Our favorite Chrome themes add some much-needed pizzazz to your boring browser

Sometimes you just want Chrome to show a little personality and ditch the grayscale for something a little more lively. Lucky for you, we've sorted through the Chrome Web Store to find best Chrome themes available.
Computing

Don't keep typing the same thing -- learn to copy and paste with these shortcuts!

Looking for useful Windows keyboard shortcuts? The most common are the cut, copy, paste and undo shortcuts compatible with all kinds of tasks. They can save you an awful lot of time if you learn how to use them.
Computing

Latest Facebook bug exposed up to 6.8 million users’ private photos

An API bug recently left an impact on Facebook users. Though the issue has since been fixed, some of the apps on the platform had a wrongful access to consumers photos for 12 days between September 13 and September 25. 
Computing

You can now get a Surface Laptop 2 for $800 at the Microsoft Store

Along with deals on other variants, starting configurations of Microsoft's Surface Laptop 2 are now going for $800 online at its retail store, cutting $200 from its usual $1,000 starting price. 
Computing

Need a monitor for professional photo-editing? These are the very best

Looking for the best monitor for photo editing? You'll need to factor in brightness, color accuracy, color gamut support and more. Fortunately, we've rounded up the best ones for you, to help you make an educated purchase.