Advanced Micro Devices (AMD) is a world wide giant of video cards producing. And it was also a source for interesting news: unlike Nvidia, it AMD is planning on increasing their output volume in order not to let market deficit be an inconvenience for miners.
According to the CEO of the company Lisa Su, the current market deficit can be credited to the insufficient production volume of graphic random-access memory devices GDDR5 and HBM2 which is installed in the RX series devices which are widely used by miners.
Su stated that the company and the investors are doing everything possible in order to overcome current deficit. During the annual investors meeting Su has reported the income of the company, much of which is accounted to crypto miners.
The last quarter brought 1.45 billion dollars and $960 million of them was brought in by the miners. Total yearly income adds up to 5.33 billion dollars which is a quarter more than last year.