Cryptocurrency Mining Affects AMD Stock while Nvidia Overestimates GPU Demand

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Demand from cryptocurrency miners has indirectly influenced the fortunes of GPU manufacturers Advanced Micro Devices (AMD) and Nvidia, with the former’s share prices increasing by 30 percent in May 2018 alone. AMD Stocks Rise on Mining Demand Since 2017, opportunistic cryptocurrency miners have started to bulk purchase GPU cards to build powerful mining rigs. While

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