DSMC Crypto Mining Demand says that the Q3 will fall – Bitcoints

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Published on July 20th, 2018 | by bitcoin

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DSMC Crypto Mining Demand says that the Q3 will fall

DSMC Crypto Mining Demand says that the Q3 will fallSemiconductor manufacturing giant TSMC said Thursday that it expects demand for cryptocurrency mining-related products to cool off during the third quarter of this year.
In statements, an official from the company quarter cited “strong” demand from cryptocurrency miners, but suggested that TSMC sees this state of affairs changing in the months ahead.
She added:
“Moving into third quarter 2018, we anticipate our business will benefit from new product launches using TSMC 7-nanometer technology while cryptocurrency mining demand will decrease from second quarter.”
It’s a notable statement, given that in January, TSMC said it expected robust demand to continue.
“We see very strong demand in the first quarter from cryptocurrencies.

Source: Www.coindesk.com

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