03 Nov 2022 -
 General

What crypto volatility means for electronic component supply chain

DigiTimes is recommending companies track crypto-currency movements and the impact this has on the availability of electronic components and their own supply chains.

“By 2021, crypto mining comprised 35% of global consumer demand for GPUs. The number of orders for DRAM components, GPUs, plus other advanced chips and wafers overwhelmed manufacturers and once again caused a supply race, reported DigiTimes.

“Ethereum was the top consumer of high-end GPUs through 2021, but a new “proof-of-stake” mining system has eliminated the need for GPU cards. In preparation for this process, demand for GPUs fell rapidly in the beginning of 2022. The first two months of the year saw Nvidia’s sales of GPU cards drop by 75% in comparison to the year prior.”

Read the whole article here

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics

Related News

07 May 2024 - General

Kremlin ramps up sabotage efforts; electronics supply chains warned of threats

Read more

07 May 2024 - General

ESS Technology’s superb ES9039Q2M DAC available from Astute Group

Read more

01 May 2024 - General

Astute Group offers Intelligent Memory encrypted SSDs for data security

Read more

26 Apr 2024 - General

US bets heavily on subsidies to rebuild semiconductor industry

Read more

25 Apr 2024 - General

Astute Group offers Central Semiconductor high voltage components

Read more

24 Apr 2024 - General

Samsung scores major US Chips Act funding

Read more