Overstock of GeForce RTX 30 Series graphics cards could prompt NVIDIA to delay the launch of its GeForce RTX 40 Series, according to Moore’s Law is Dead. The YouTuber recently got a GeForce RTX 3090 for only $800 from one seller who said they wanted to get rid of some of the stock because there’s an excess amount of Ampere cards in the channels. An email from another seller details the desperation growing in the market.
Other sources say they are also sitting on stockpiles of graphics cards. One said it is at risk of losing tens of thousands of dollars if it cannot move them, while others say NVIDIA could delay its Lovelace launch until November or December because of the now-flooded market.
“…and he just said he thought the prices were going to keep going lower and he just wanted to get rid of some 3090 stock. This guy here is actually feeding into the other things I’ve been hearing behind the scenes, indeed telling you guys there’s a lot of extra Ampere stock in the channels.”
Source: Moore’s Law is Dead
Discussion (19 replies)
Join Discussion →Hey AMD and Intel - now is your chance
And they get no sympathy from me. They gleefully went along with and allowed the POS scalpers and miners to rape the stock for 2 years leaving their long time customers forced to either do without or pay 400% markup. Now hopefully the chickens will come home to roost and the glut of used GPU's will hurt their sales for a little while. I know, just a drop in the bucket but I would take some satisfaction out of it.
Maybe they will just have a shit ton of cards ready to go on launch day so everyone willing to pay msrp can get one? Naaaaaa....
These graphic card releases are just getting more and more ridiculous.
Yup
[URL unfurl="true"]https://www.pcgamesn.com/nvidia/rtx-4000-gpu-launch-delay-geforce-3000-oversupply[/URL]
Whoah
Deja Vu
At Computex 2018:
Nvidia CEO says next gaming GPU announcement won’t be for ‘a long time’
...presumed due to excess inventory of 10-series GPU's after unexpected declines in cryptocurrencies.
Pre-jacket Jensen? Is that anything like pre-beard Beatles?
In the end, these are all just rumors and hyperbole. From all the leakers and their supposed inside sources to even NVIDIA. There's been a number of times I've heard that something won't happen only for NVIDIA to turn around the next week and make its own announcement that it will. I remember some release announcements like that with various Pascal, Turing, and Ampere cards. No matter what, I feel they'll roll something out between Sept-Dec but, of course, I could be wrong. The only guarantee is that if AMD announces an actual release date first, you could bet money that NVIDIA would retaliate with its own tick-tock response. At the moment I wouldn't count on Intel to act as a catalyst for NVIDIA with anything but AMD has seemingly been one on more than one occasion.
This is certain, the only question would be hard vs paper launch.
All nVidia has to do is announce - and most folks will hold out waiting even if it's an entirely paper launch -- but that will also put the brakes on depleting the gray market inventory so they want to delay that as long as possible. But yeah, if AMD announces, they will do something inside of the next week, almost guaranteed. They don't want their stock price to take a hit because of perceived competition.
AMD has to come in faster and cheaper and in quantity for it to actually pull ahead.
Considering 3080s are still going for well above $1000 I doubt there is such an oversupply. Unless nvidia is burying cards in a landfill in their backyard.
The unreleased RTX ET editions?
Crap now Nvidia is doing Economy Threads?! ;)
Two thoughts:
The first is, prices went very far above MSRP. Everyone wants to sell as high as they can, so they don't take too much of a hit. So prices started at something astronomical
The second is, prices are continuing to fall. SupplyDemand is tilted towards Demand's favor right now, so prices are drifting down, and will continue to do so until those two factors stabilize somewhat.
They just started at a really high number, and have a very long way to fall. There is probably a floor there somewhere; i know I wouldn't pay anything close to MSRP for a used card, but someone who bought it at 200% of MSRP may think of that as "Hey, I'm already at half of what I paid" -- and that's probably the point where the cards start to either sit in closets or get chucked into landfills.
Maybe there will be no mining surplus apocalypse with used cards. Part of it would be nice; we'd see 4000 series cards sooner. Part of that would be a disaster - the price hikes we've seen with the 3k series would stick and there'd be less to hold it in check.
I think Nvidia is going to raise MSRP on 40 series by 30-40% over the 30 series. What do they care? They'll still sell like hot cakes. They'll just be more mindful of production, maybe even create some artificial supply constraints to keep prices and demand high.
Yup. That ties back into the TSMC story where nVidia asked to lower their production order, and TSMC said "No".
They could still just park the chips in a warehouse and allow them to trickle out, it just isn't the preferred option.