Still, there is a level of greediness where even the dumb people start to notice.
Lots of companies know to 'boil the frog,' for example by reducing the contents of the packaging while keeping the price the same and then later, offering a 'volume discount' for a larger package. Then after some time they reduce the contents again, etc. By doing this they can prevent customers from noticing that they pay more for less.
Nvidia is giving us horrible tiers, yet greatly increasing the pricing at the same time. For all the talk about how genius their marketing is and how horrible AMD is at it, Nvidia seem to be making a really dumb marketing mistake that was always going to cause enormous backlash, that even the dumb people are going to notice.
I think that Nvidia is very good at engineering, simply providing excellent products with a lot of innovation, but their marketing is actually quite poor. That AMD is not great at it and can't lean on superior exclusive features, doesn't suddenly make Nvidia's marketing genius.
Well, to be fair, Inflation has been BRUTAL. My total grocery bill would have gone up 261% between 2019 and today had I not changed what I buy. Example (compared to 2019):
Milk - 33% higher
Eggs - 300% higher
Soda - 100% higher
Fruit and Vegetables - 40% higher
Ground Beef - 200% higher.
NVIDIA is likely hoping consumers will blame price increases on inflation and pull the trigger anyway.
Also, TSMC charges far more for N5 than Samsung did for 8N or whatever their node is.
That being said, it is still a garbage price.
The funny thing is, only AMD wins in the end. NVIDIA sets the price ceiling for AMD every generation. AMD can charge just a bit less, and they make out like bandits. AMD's margins on the 7900xtx are going to be completely insane. Also, if a few former NVIDIA users buy AMD because of the pricing, AMD wins again. The only way AMD loses is if their GPUs sell poorly enough to hurt revenue.
If the 4080 sells poorly, perhaps NVIDIA will do what they've done in the past: release a faster model for less than the cost of the original. (The 8800gt vs 8800gts/gtx comes to mind)