AMD’s profits have cratered as the PC and crypto miner markets slow down

AMD was riding high last year as consumers bought computers in droves and cryptocurrency miners snapped up every GPU they could get, but this year, the company has come crashing down to the ground. While it’s bringing in more money than it was before, thanks in part to better sales in the data center and gaming space, its third quarter profits dropped by 93 percent compared to last year.

According to its earnings report, AMD earned $66 …

amd crypto crypto miner down markets miner slow