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
Nvidia may delay RTX 4000 GPU launch due to oversupply of RTX 3000
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.
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.
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. Supply<-->Demand 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.
They could still just park the chips in a warehouse and allow them to trickle out, it just isn't the preferred option.
This method is a slippery slope because then how much profit do you need to make up for the fact that they sat in a warehouse? And what if your competitor has something better? Both are going to hold off on introducing new cards to market until the other blinks first.
What really will show is if AMD just says... "We are releasing cards to market NOW." And allowing reviewers the chance to pre review the hardware.
Unless you mean delaying the previously announced delay to be an even larger delay.