A few people arguing against a mass. Conclusion = so many shills. Seems about right. /sarcasm
1200$ is entry level Quadro price. High end Quadro goes for 10000$. Compared to that 2080Ti OK.
The bigger the die size the less dies can be manufactured on a single wafer. A single defect an ruin a big chunk of the wafer. This for example is why Intel's HEDT chips are so damn expensive too compared to small AMD ones. Also GPU's are one of the most complex thing to produce on any given node. Much less on a cutting edge 7nm which is OK for small low power mobile SoC's at this time but not yet viable for mass producing a 18+ billion behemoth. Next year - probably.
TU102 appears to be about 32mm x 25mm in size. Thus we can calculate how many dies can a industry standard 300mm (12inch) wafer fit. Given a defect rate of only 0,05 which is impossible for chip this size that would amount to:
Max dies per wafer (without defect): 58
Good dies: 39
Defective dies: 19
Partial dies: 8
Yield: ~68%
^ This is the absolute best case scenario. Ever.
More realistically we are looking at a defect rate of 0.15 which would give drastically worse numbers:
Max dies per wafer (without defect): 58
Good dies: 20
Defective dies: 38
Partial dies: 8
Yield: ~34%
Calculator:
http://caly-technologies.com/en/die-yield-calculator/
Assuming each wafer costs about 25000$ (it can't be much lower because Quadro RTX 8000 goes for 10000$ by itself so wafer is at least 2x more costly).
25000/20=1250$ well surprise surprise. If we get 20 good dies on 25000$ wafer the price is exactly what it is now for 2080Ti. But while the chip itself may the biggest cost per card there are other components costs that make up the BoM (Bill of Materials).
OK so assuming best case scenario 25000/39= 641$ + other components = retail price.
So already due to the manufacturing cost of the die itself it is almost as expensive as a 1080Ti MSRP of 699$.
Still think Nvidia are robbing us?
Yeah you probably do. Facts are never an obstacle for a crowd with pitchforks screaming bloody murder.