Wall Street Analyst Lowers Price Targets Of AMD, Nvidia Shares In Reaction To Bitmain Competition

in #bitcoin6 years ago

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Wall Street firm Susquehanna has changed the rating of semiconductor firm AMD from neutral to negative and lowered the price forecast for shares in GPU processing manufacturer Nvidia, citing the rising competition from Bitmain’s Ethereum (ETH) mining ASICs, CNBC reports today, March 26.

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