AMD Loses 180 Million This Year Due to Nvidia's 900 Series GPU's

AMD is in a bit of trouble lately, it seems that AMD has lost around 180 million dollars in the GPU market in Q1 of this year. AMD's initial earnings are down 26% and on a steady decline, AMD had to cut 700 jobs due to the extreme loss in stocks lately, all this is due to Nvidia releasing the new GTX 900 series GPU's last year at a better price to performance than the r9 200 series cards. 

According to data posted by the prominent analyst Jon Peddie, Nvidia had a 76 per cent share of the graphics card market in Q4 2014, leaving AMD with the remaining 24 per cent. However, that proportion was 65 per cent and 35 per cent just one year earlier. That will be a huge concern for AMD's investors, particularly when the company is telling them that "PC gaming and gaming in general" is a "growth opportunity in the market and a growth opportunity for AMD."

In the same investor call, AMD CEO Lisa Su indicated that several product launches later this year would help it to achieve that growth.

"Building great products, driving deeper customer relationships and simplifying our business remain the right long-term steps to strengthen AMD and improve our financial performance," Su said in a statement.

"Under the backdrop of a challenging PC environment, we are focused on improving our near-term financial results and delivering a stronger second half of the year based on completing our work to rebalance channel inventories and shipping strong new products."