The recent crypto market decline might be bad news for the makers of graphics cards.
The price of graphics processing units (GPUs) from market heavyweights, including AMD and NVIDIA AMD and NVDA, has dropped. Since their all-time high in November 2021, cryptocurrencies have reduced their market value by almost two-thirds. Several reasons, including increasing interest rates, the Russian invasion of Ukraine, and inflation, have caused investors to flee riskier assets, contributing to the current market downturn. However, crypto investors aren’t the only ones affected by