According to CNBC, a new report by analyst Joseph Moore found that "cryptocurrency mining driven sales for AMD's graphics chips will decline by 50 percent next year or a $250 million decline in revenue. He also forecasts video game console demand will decline by 5.5 percent in 2018."
Once a veritable competitor to Intel, AMD has struggled in recent years, although it has had some modest successes—as measured by a rise in its stock price—in 2016 and 2017.
As per AMD’s own SEC filings, the company lost over $2.8 billion from 2012 through 2016.
However, new releases from AMD suggest that it may be on something of a resurgent track. As Ars reported last month, AMD's Ryzen and Threadripper processors re-established AMD's chips as competitive with Intel's.
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