Thursday June 28, 2018

Gigabyte Graphics Card Shipments to Fall 20% in 2Q18

Gigabyte is expecting their graphics card business to take a hit now that cryptocurrency mining demand has dropped. In 2Q they saw their shipments drop from 1.2M to 1M. Also, the average selling price of their cards dropped 10%. With that said, Gigabyte has decided that hitching their wagon to crypto mining isn't such a good idea and they plan to promote their cards as gaming cards in the future. I wonder how big the hit is going to be on the other AIB's?

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At an investors conference held June 27, Gigabyte said its graphic card shipments for the second quarter are estimated at around one million units, down from 1.2 million of a quarter earlier.