The corner with the big red sign "Use only to satisfy insatiable miner card demand at triple prices!".
The corner with the big red sign "Use only to satisfy insatiable miner card demand at triple prices!".What corner of their warehouse did these crawl out of?
It's been repeated every once in a while, but conveniently ignored by folks who keep explaining how rising die costs linearly affect card pricing. It's ok to argue the 4070Ti should be more than double the 3060 price since apparently wafer cost is more than double, but we don't like the idea that 4080 should be around $900 because the die cost is bellow 60% of AD102. That's where the cognitive dissonance kicks in. /sAdd to that the elephant in the room that so many seem to overlook: 4090 pricing vs 3090, a very modest 7% gain in price. Yet that damn 4080 with the smaller chip goes up 70% (vs the large die 3080).
It's a racket ratchet.It's been repeated every once in a while, but conveniently ignored by folks who keep explaining how rising die costs linearly affect card pricing. It's ok to argue the 4070Ti should be more than double the 3060 price since apparently wafer cost is more than double, but we don't like the idea that 4080 should be around $900 because the die cost is bellow 60% of AD102. That's where the cognitive dissonance kicks in. /s
Price as a linear function of die cost can only go up, never down
Price gouging is the only thing that makes sense.
One disturbing phenomenon the world is now grappling with is 'greedflation', where some businesses are raising prices more than necessary, even on products where cost has not gone up much. I have no doubt costs have gone up for wafer production and Nvidia, but I dont think its evenly applied to all their products in a logically proportional manner. The greed aspect kicks whenever milking opportunities arise. Not singling out Nvidia, I think its occurring in all industries.
If there isn't sufficient competition or product supply to prevent arbitrary price increases, what's going to stop them from trying? It's not a new phenomenon for companies to try to starve supply and raise prices. Selling 1000 units for 2x price is easier than selling 2000 units for 1x price. The goal here isn't to build market share or please customers. It's to make as much money as quickly as possible!
In a perfect world, elastic demand should stop Nvidia from jacking prices up through the stratosphere because you likely won't be able to sell half as many units for 2x the price. GPUs aren't an inelastic good. People can live perfectly fine without a baller, shot caller gaming computer. What we've learned over the last few years is that people apparently treat GPUs as more of an inelastic good than we ever could imagine.If there isn't sufficient competition or product supply to prevent arbitrary price increases, what's going to stop them from trying? It's not a new phenomenon for companies to try to starve supply and raise prices. Selling 1000 units for 2x price is easier than selling 2000 units for 1x price. The goal here isn't to build market share or please customers. It's to make as much money as quickly as possible!
One disturbing phenomenon the world is now grappling with is 'greedflation', where some businesses are raising prices more than necessary, even on products where cost has not gone up much. I have no doubt costs have gone up for wafer production and Nvidia, but I dont think its evenly applied to all their products in a logically proportional manner. The greed aspect kicks whenever milking opportunities arise. Not singling out Nvidia, I think its occurring in all industries.
No, we learned that miners who make huge profits with these cards are willing to pay more than gamers. That the prices dropped a lot after the merge shows that gamers won't buy at any price.What we've learned over the last few years is that people apparently treat GPUs as more of an inelastic good than we ever could imagine.
But this is improving, if only because overall demand is down, so high TSMC prices cause expensive production capacity to go unused.Bottom line: There is a severe lack of competition in the GPU/wafer production market.
You might be on to something.I think the reason the high end prices have gone up so much is that the desktop PC has become a luxury product, like luxury cars. It's not about production costs or inflation. The desktop PC itself is now a niche luxury good for gamers and content creators. Most people now only use phones and laptops, which are now the utility goods that everyone "needs." Luxury goods are always expensive and never "necessary," and that has never been the point of them. PC hardware is still way cheaper than all kinds of other luxury goods out there.
Won’t you think of the shareholders! And the execs who risk it all with their compensation largely determined by stock prices??? They need to eat too!
I notice that the 4090s are pretty widely available at regular prices now, which was not the case one or two months ago. The 7900 XTX still seems marked up though.
Nice name!Nothing to do with Moore. That's just NGreedia ripping everyone off...
But this is improving, if only because overall demand is down, so high TSMC prices cause expensive production capacity to go unused.
AMD doesn't have as much supply and AMD cards generally provide better value for the money, so AMD cards will be more difficult to get. However, even AMD card prices/availability are normalizing. Amazon has 7900XTX Red Devil for $1050 for shipping in early March. Yes, you'll have to wait a bit, but prices are going down.I notice that the 4090s are pretty widely available at regular prices now, which was not the case one or two months ago. The 7900 XTX still seems marked up though.
That's a strong value compared to what else is available NIB in the $150 and under range. I may pick this up to replace the RX 6600 I am going to give to my friend @xeno2060. I know it isn't as strong, but the RX6600 system isn't getting used much. Mostly just testing different linux distros here and there, and the 5500 can serve that purpose just as well.
RDNA(1) strikes back! Brand-new RX 5500 XT 8GB GDDR6 hits market for $140 on Amazon.com USA.