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Nvidia Appears To Have A GPU Inventory Problem (seekingalpha.com)
Reports out of Taiwan now suggest that Nvidia has a gaming GPU inventory problem. An anonymous reader writes: Tech news site SemiAccurate which covers the GPU space pretty closely, and has broken stories like AMD's acquisition of ATI Technologies and Nvidia's Bumpgate, just published an article on why Nvidia has delayed their new gaming GPUs. It seems the Hot Chips 30 agenda cancellation and Jensen's no new GPUs for 'a long time' comment have created enough of a stir to get journalists and industry insiders asking questions. While curiosity amongst all this confusion is natural, I was surprised to discover that people were starting to speculate Nvidia's delay was due to technical issues with their new GPUs. This had never been a concern of mine, and as it turns out, it's clearly not the case. So, what the problem? Nvidia has overestimated pent-up gaming demand and underestimated the impact of declining mining demand.
I will take some off there hands for free!.
The fucking SCOTUS just approved state sales tax for online purchases. The "Physical Nexus" standard is dead.
But if the problem is excess inventory they have to sell near a loss, well that's what you get for creating a false supply shortage to drive up prices.
That is not a story. It does not contain enough information even for a headline.
We beat the deadline for tarriffs. At 25% it's cheaper for us to warehouse chips now than import later.
GPU prices have not dropped in the last few months, despite drop in demand, and oversupply.
"Prediction: within 10 years, Windows will be a Linux distribution." Me, 7-6-2016
Will do!!
Cryptomining is (hopefully) dead and now everybody is selling off their old GPUs. Nobody wants to buy new ones since the used market is flooded.
NVIDIA can't sell their new line since the market is so flooded with old stuff that works okay.
So lower the price. The cheapest 1080 gtx I can find right now, is still $100 higher than what I paid last summer.
L'Idiot
Don't fuck it up, please.
And watch out for those "technically legal" or merely hard to prove criminal Intel moves.
Also, Intel coming out with a new GPU something that is supposed to be proper GPU ... And nVidia having big problems. ... We need to look into this a bit deeper too.
(I'm not a fanboy of anyone. Despise all humans equally. Not hate though. They aren't worth that much of my mind.)
The author admits he has shorted nVidia's stock at the very end of the article, on the 3rd page.
PJRC: Electronic Projects, 8051 Microcontroller Tools
The mining causing prices to skyrocket also had the effect of making gamers not upgrade their GPUs, and now that the current lineup is old they will probably be waiting for the next version to come out.
You also have godlike 4K HDR10 144Hz monitors that are about to start shipping, and no current GPU can handle that even on a lot of simpler titles. So people may be waiting to upgrade to something that can handle that.
The altcoin mining craze seems to finally be dying down and prices are returning to normal, but it's too late. If gamers aren't crazy for these GPUs anymore, and miners aren't buying them either, it seems plausible that they'd have a lot of unsold inventory lying around.
My uneducated guess is that there's a price inflexion point concerning miners. Once the price drops below they'll have the opposite problem: supply shortage. Gamers will buy at current prices too, but miners are waiting for a price drop where mining makes sense, and when it does they'll fly in like locusts and the cycle begins anew.
"Everybody's naked underneath" -- The Doctor
I've used both Nvidia's and AMD's (Formerly ATI) graphics cards but have never been a huge fan of Nvidia's almost monopolistic practices so I tend to get AMD cards whenever I can. Still I would say Nvidia has a lot to worry about on it's hands. Although AMD and Intel are competitors, they do have times that they work together closely and Intel's next gen GPU are signs that they will. Unlike Nvidia, Intel is likely to be working on open standards with AMD and their recent joint CPU / GPU project looks like they'll be able to do so.
I seriously doubt it.
Mmm. yeah... {rubs his shiny new amd video card with 16 gig}
I bet there are quite a few who would happily pay for them if they removed the license restrictions they added to the driver that prevents the use of their cards (with their driver at least) in a data centre - unless used for blockchain processing.
That has all the hallmarks of a dead-on-arrival republican empty promise toothless tiger of a law that provides no means for enforcement or collection but plenty of fines and jail should you selectively be found in violation. To quote a famous Ruskie: What a cuntry!
Collusion between *marketeers* to inflate prices of a sole-source product is price fixing and many such as car dealerships have been charged and fined.
Tell us about the new Oldsmobiles ranton..
$549 is more than I spent on my 570gtx in 2013.. still waiting for those prices to come down ANY DAY NOW.. right? lol.
Tasers killed LOTS of meth junkies before the stock went public, you just didnt read the stories or give a shit. Following your greed says plenty.
Nvidia, Fuck You!
Instead of chasing now miniscule cryptocoins how about giving the folding @ home team a big boost with a huge folding farm. Or if you still want something crypto related then there’s the rc5-72 challenge.
I am confused. Your first sentence agrees with what ranton said. But your second sentence implies that your first sentence is supposed to disagree with them.
Collusion between *marketeers* to inflate prices of a sole-source product is price fixing and many such as car dealerships have been charged and fined.
And if they find multiple retailers colluding to inflate prices of Nvidia GPUs it would certainly be considered price fixing. I'm not sure how that is related to what I said, since in that case there are competing retailers involved.
-- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
Setting aside any arguments about "the price of goods should come down as time goes on" vs "things are more complex now so of course prices will go up", you are comparing the cost of a mid-end card against the cost of a high-end card.
Or put another way, I am 100% certain that the cost of a 580GTX in 2013 was more than you spent on your 570GTX.
So there's a massive shortage, cards are (or very recently were) sold out everywhere, prices are up like 30% minimum, and some vendor was sitting on 300,000 cards? Holding them for ransom at a higher than MSRP price and then sending them back to Nvidia when gamers don't play along, huh? THAT'S CALLED PRICE FIXING. Have fun in jail.
Is why the internet has problems. I don't want to register to finish reading an article. Let me read the article or don't, do not let me read half the article, and hold the other half as ransom. Fuck you. I hope "Seeking Alpha" dies and leads its "investors" into financial ruin. Fuck Nvidia, too. They created a fake low supply issue to keep prices high and compete with AMD. You can seek an Alpha and be lied to if you want, but thinking isn't that hard.
Every time I read a story with a headline like this, at some point it mentions a human stuffing up .
And sure enough, that's exactly what happened. The "machine" did exactly what it was supposed to - which is how humans programmed it.