Smarter Analyst states that ETH ASIC Miners might be the answer to end the GPU shortage. If you are a PC enthusiast or gamer who has been putting off a GPU upgrade due to current market pricing we might have some good news for you. On the other hand, if you are an AMD investor, the news doesn't look so good over the near term. What is this all about? Well, Susquehanna analyst, Christopher Rolland, has just downgraded AMD to negative from neutral. AMD stock is currently at $10.44 but Rolland has posted a $7.50 price target. The reason is that Bitmain is about to release a powerful Ethereum ASIC Miner.

The analyst likens the arrival of the Bitmain Ethereum ASIC Miner to the arrival of the steam shovel, a large steam-powered excavating machine which revolutionised mining and excavating. Obviously a common-or-garden GPU miner is thus likened to a gold prospector relying on his trusty spade and a can of spinach.