Editorial AMD Issues Official Statement on RX Vega 64 Pricing Woes

[coolernoob]

I have only one issue with amds gpu pricing and BS they are giving.... we live in a free world and it is free market out there, so if miners are ready to buy out all of the cards (there were not many, but who cares) in first day for 999$ - we can not prevent that... Only issue in this is the "paper price" in reviews, were reviewers concluded something like: "for that price amd actually delivered a decent product"... and that I still must read how amd says it is "499" and "399" - even these numbers never were true - amd delivered very crappy card, even if this card would arrive in 2016 it still would be total crap - that should be reviews conclusion, not "for 399 it is actually good value"...

 

[bug]

I don't think I am missing anything.

Every time I say Vega is not for gaming but for datacenters everyone loses their minds. There you have it , this situation is the ultimate argument for that.

AMD didn't have to beat anyone , more precisely they cannot afford to beat anyone this round , they don't have the resources. RX Vega fulfilled it's purpose as far as AMD is concerned , and that is to make people know they are still in the game. Not top dog but still alive. What they'll do next remains to be seen.

Because it's the excuse you make for Vega. If that was true and it was indeed made for datacenters, AMD would have stopped at Vega FE.
And if you really want to see how a piece of silicon aimed squarely at datacenters looks like, take a look at Volta today

 

[Vya Domus]

Because it's the excuse you make for Vega. If that was true and it was indeed made for datacenters, AMD would have stopped at Vega FE.
And if you really want to see how a piece of silicon aimed squarely at datacenters looks like, take a look at Volta today

Spare me the BS , I have seen these void of any substance comments a million times.

 

[bug]

Spare me the BS , I have seen these void of any substance comments a million times.

Yes, because when you say "Vega is not for gaming" it reeks of substance. My bad.

 

[Vya Domus]

My bad.

Good thing it's all cleared up now.

 

[arbiter]

OcUK's Andrew Gibson went on to say that AMD's launch price of £449 "(...) is not possible, $499 is below what they cost us direct from the board partners by a large chunk of cash, AMD rebated us to hit $499 on a set amount of units.

I certainly hope they're not losing $100 per card @ $500. If it is, no wonder NVIDIA is avoiding HBM2 like the plague and AMD did an epic stupid.

They are pretty much doing everything to run the company in to the ground it seems at this point.

https://www.newegg.com/Product/Product.aspx?Item=N82E16814202300
price listed is $689.99
so according to the article thats $100 for the games, games I dont want have no interest in playing. That leaves $90 for price gouging or whatever excuse there is for Newegg to tack on, or is this AMD's aggressive price "structuring"?

Even with the 1070/1080 launch and little to no stock i didn't seem newegg ever sell and ship a card over MSRP. So even though you say they are gouging that could be the real price they are from them. Amazon is known to gouge bad with their 3rd party selling they try to sucker you in to using.

I'd give AMD more benefit of the doubt, if not for the fact that they specifically explained that their reason for the long Vega delay (and over a year after the NV 1070/1080 release) was to make sure that there was plenty of inventory so this would not be an issue.

The long delay 15+months was cause to build inventory becomes total load after 3-6 month's. Everyone knew HBM2 chips got massively delayed to start with so it wasn't cause of inventory but cause they couldn't release them but i doubt lack of HBM2 chips were the main reason.

 

[sweet]

Even with the 1070/1080 launch and little to no stock i didn't seem newegg ever sell and ship a card over MSRP. So even though you say they are gouging that could be the real price they are from them. Amazon is known to gouge bad with their 3rd party selling they try to sucker you in to using.

I beg your pardon?

1070/1080 is infamous for their FE price scheme. For at least 2 months after released, it was still difficult to get a card at FE price, not to mention their "MSRP" price.

So while blaming AMD, let's not pretend that the same thing didn't happen with nVidia.

 

[arbiter]

I beg your pardon?

1070/1080 is infamous for their FE price scheme. For at least 2 months after released, it was still difficult to get a card at FE price, not to mention their "MSRP" price.

So while blaming AMD, let's not pretend that the same thing didn't happen with nVidia.

nvidia was up front about price of them before launch, and i didn't say gouging didn't happen. I said i didn't see it really on newegg shipped and sold cards. I bought my evga card for MSRP off newegg whewn i happen to catch new stock coming in which was gone within an half an hour.

 

[EarthDog]

I beg your pardon?

1070/1080 is infamous for their FE price scheme. For at least 2 months after released, it was still difficult to get a card at FE price, not to mention their "MSRP" price.

So while blaming AMD, let's not pretend that the same thing didn't happen with nVidia.

that was inflated prices from vendors.

This is waaay different and pretty misleading. They didnt tell a soul these were sale prices out of the gate, but msrp. so everyone went with it. Now, they say it was on sale at that price...

 

[LogitechFan]

lel, AMD took a page from apple's book I see -- undersupply a shitty product and claim "shortages" = higher prices, higher profits, more publicity.

AMD is a mining company now almost entirely and is at a mercy of coin gods, the stock has stopped reacting to anything but coin prices months ago, as every investor knows AMD has no appealing offers in any segment: epyc is a failure that had no chance to begin with, ryzen will get crushed by 8th gen and is a so-so product in and of itself, TR - niche product with super low volume and even lower margins, vega... well, we all know how it has ended. Watch abysmal Q3 and Q4. Hopefully it will be the end of the amd's failed gambit and things will get back to normal, which is about $7 a share.

 

[Dave65]

By sacrificing themselves for the greater good in the process? I don't think I have heard anyone doing this before.

AMD won't be sacrificing anything..

 

[sweet]

that was inflated prices from vendors.

This is waaay different and pretty misleading. They didnt tell a soul these were sale prices out of the gate, but msrp. so everyone went with it. Now, they say it was on sale at that price...

I don't understand why people blame AMD for the price-jacking. AMD never said that their price was changed. Actually "their price" is just MSRP = suggested price. In real life, the retailers can sell at whatever price they want, as long as there are people buying at that price, and AMD can't do anything about it. Given the current profitable mining scene, I don't think the retailers will lower the price in the near future.

 

[DeathtoGnomes]

Even with the 1070/1080 launch and little to no stock i didn't seem newegg ever sell and ship a card over MSRP. So even though you say they are gouging that could be the real price they are from them. Amazon is known to gouge bad with their 3rd party selling they try to sucker you in to using.

I called Newegg several times about trying to get a card and they never said anything about that being the normal price or without the rebate. IF the rumors are true and that is normal pricing, only miners will be willing to pay those prices. IF its just newegg with their new Chinese bosses inflating prices just for profits, guess I wont be making any major buys from them.

As far as Nvidia sales goes, you should do more research, they have pulled this same crap before, infact, they are still overpricingfleecing you on many cards.

I don't understand why people blame AMD for the price-jacking. AMD never said that their price was changed. Actually "their price" is just MSRP = suggested price. In real life, the retailers can sell at whatever price they want, as long as there are people buying at that price, and AMD can't do anything about it. Given the current profitable mining scene, I don't think the retailers will lower the price in the near future.

Etailers are setting their own pricing now that the so called rebate period is over. I agree that if people are still buying at inflated prices, the price tags might even go up more.

 

[SKD007]

today I got a notification from NewEgg that Vega 64 is available and when i checked, it was $599 with 2 games and as soon as i placed order, it jumped to 699 :/

anyways I am happy as I got mine placed and it says packing now.. should get it in 3 days.

 

[RadFX]

Vega is a miners card and they are welcome to it at that price.

I need a RX570x2 or RX580x2 for $500 Canadian. That will never happen though I'm sure.

Also, if AMD was serious about getting their cards in the hands of gamers which seems doubtful, they are going to have to do something such as making their gaming cards impossible to mine with.

 

[Fluffmeister]

I definitely want Wolfenstein II, so hopefully thanks to the money grabbing mining bastards gobbling up the mighty Vega I'll be able to pickup a cheap key from eBay.

Every cloud and all that...

 

[Divide Overflow]

lel, AMD took a page from apple's book I see -- undersupply a shitty product and claim "shortages" = higher prices, higher profits, more publicity.

Evidently you don't realize that by US law, AMD can have very little to do with the final retail price of their product. They set a Manufactures Retail Suggested Price (MRSP) and sell their chips to licensed vendors. The vendors sell their product to distributors and retailers who ultimately set their own pricing. Any profits from higher prices is scooped up mainly by the retail side.

I'm a bit puzzled by this article. Surely the staff realize the above as well?

 

[NC37]

Overpriced is overpriced. This reeks of Fury all over again. This is not how to release GPUs and expect to make any ground on nVidia.

 

[FordGT90Concept]

Especially considering the fact they didn't have a DDR5X chip in the works in parallel. They put all of their eggs into one basket and proceeded to throw said basket off of a cliff.

 

[Basard]

I dunno, feels like diesel vs gasoline... nVidia being the gasoline, of course. Sure, diesel gets the job done and can haul a lot of shit, but who's really got all that shit to haul--give us a gas real gas-powered sports car if we wanna go fast.

Especially considering the fact they didn't have a DDR5X chip in the works in parallel. They put all of their eggs into one basket and proceeded to throw said basket off of a cliff.

Wasn't there some issue with DDR5X being that the card would have used even more power than it does now?

 

[FordGT90Concept]

It would have yes, but they could at least sell it for reasonable prices and in volumes.

 

[Athlonite]

Ha you bitches are tripping over a tiny price increase come to New Zealand and buy one (Vega 64) for the lowly price of $1,147.36 NZD ($828.97 USD) then you can bitch n moan about cost

 

[Kohl Baas]

TBH, I'm quite sceptical about everything Gibbo says after all the BS he drained down the pipes to higher the demands of Vega. I cluding the notorious 70-100 Eth. heshrate...

I wouldn't be surprised if all of this would be to put the blame on AMD, because they can bear it.

And the idea of reviewers boycotting AMD is just stupid. Like anyone would harm their own businnes (ie:money) for a non-existent morality. If paying customers/reviewers would act by morality, nVidia would never aquire such a high marketshare after all they done harming both the industry and their users...

 

[FordGT90Concept]

A lot of other retailers are mirroring what Gibbo has said, including Newegg. That said, Gibbo was completely wrong on the hashrate.

 

[Totally]

that was inflated prices from vendors.

This is waaay different and pretty misleading. They didnt tell a soul these were sale prices out of the gate, but msrp. so everyone went with it. Now, they say it was on sale at that price...

How I understand it is that was and is stated MSRP, but the the $499 sku atm doesn't really exist and was only created to make the barrier of entry to Vega appear to be at that price and be reviewed accordingly, which is just fucking dishonest, as it seems according to the they're all but abandoning black sku in favor of the other two higher priced skus. Since the black vega will not be in stock for the time being and until future notice Vega's real MSRP starts at whatever Vega 64 LE was quoted at.

Evidently you don't realize that by US law, AMD can have very little to do with the final retail price of their product. They set a Manufactures Retail Suggested Price (MRSP) and sell their chips to licensed vendors. The vendors sell their product to distributors and retailers who ultimately set their own pricing. Any profits from higher prices is scooped up mainly by the retail side.

I'm a bit puzzled by this article. Surely the staff realize the above as well?

See above.