In a research note released this morning, Susquehanna analyst Christopher Rolland confirmed recent media reports of upcoming crypto-currency specific graphics cards from Nvidia Corporation (NASDAQ:NVDA).

Rolland said, “During our most recent discussions with the supply chain in Asia, we learned that NVIDIA is indeed releasing two new graphics cards specifically targeted at the crypto-currency market. The first card will be an offshoot of the GTX 1060, and soon after the GTX 1080.”

What does it mean for Advanced Micro Devices, Inc. (NASDAQ:AMD)? Rolland answers: “From discussions with those serving crypto-currency mining operations (many of which are located in China, South Korea, and Russia), we understand that AMD’s cards hold a significant price/performance advantage over NVIDIA GPUs […] Radeon card stock-outs, mixed with competition from a cost-reduced part from NVIDIA, may hurt AMD’s dominant position in this market. We note that while contacts did not mention upcoming AMD mining specific cards, some media reports suggest their upcoming arrival, perhaps favoring a modest swing in competition back to AMD.”

Rolland rates shares of Nvidia and AMD a Neutral, with price targets of $140.00 and $12.00, respectively.

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, Rolland has a yearly average return of 8.5% and a 60% success rate. Rolland is ranked #540 out of 4588 analysts.

Out of the 25 analysts polled in the past 12 months, 10 rate AMD stock a Buy, 12 rate the stock a Hold and 3 recommend to Sell. With a downside potential of 4%, the stock’s consensus target price stands at $12.81.