High End NVIDIA GPU Prices on a Slippery Slope as RTX 3090 Ti Hits $1599

[btarunr]

It seems like NVIDIA wants the market to absorb inventories of its high-end GeForce RTX 30-series SKUs, such as the RTX 3090 Ti, so the company could make room for high-end SKUs from the RTX 40-series "Ada" series. Prices of the RTX 3090 Ti have tanked to as low as $1,599 for the Founders Edition, from its launch MSRP of $1,999. This $400 price-cut is probably triggered by crypto-currency miners flooding the market with high-end RTX 30-series graphics cards at attractive prices, which gamers are all too happy to lap up. The crash in demand from miners, compounded by drop in demand from gamers buying up cards in circulation, has forced NVIDIA to renegotiate its semiconductor foundry allocation with TSMC in the short-term.



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[P4-630]

which gamers are all too happy to lap up.

Not me though.....

 

[DoLlyBirD]

Price slashed from 2 kidneys down to 1

 

[Bwaze]

"This $400 price-cut is probably triggered by crypto-currency miners flooding the market with high-end RTX 30-series graphics cards at attractive prices, which gamers are all too happy to lap up."

Wouldn't it be more accurate:

Cryptominers are now forced to lower prices of their abused cards without warranty even further, even below MSRP (even though many of them got them through channels not available to gamers), but even so, the used market is still flooded by them - there is no "lapping up".

 

[Tsukiyomi91]

TLDR: Nvidia getting cucked by both gamers and TSMC for something they shouldn't have done 2+ years ago and now they're facing the consequences. Serves them right and hopefully they get cucked even harder.

 

[Flydommo]

The last thing I'd do is to purchase a used graphics card from a miner.

 

[Tsukiyomi91]

The last thing I'd do is to purchase a used graphics card from a miner.

only a complete moron would fall for a GPU that's half-dead with a "too good to be true" price tag that's been slapped on it. Miners are getting desperate too knowing that they're going for broke when their funny coin market is not viable for washing or converting it into actual cash.

 

[ppn]

suffice to look at how they're piling them up like bricks in the back yard and no packaging to speak of..

here is what to expect next time "have tanked to as low as $399 for the FE, from MSRP of $1,999. This $1600 price-cut"

 

[Chaitanya]

"This $400 price-cut is probably triggered by crypto-currency miners flooding the market with high-end RTX 30-series graphics cards at attractive prices, which gamers are all too happy to lap up."

Wouldn't it be more accurate:

Cryptominers are now forced to lower prices of their abused cards without warranty even further, even below MSRP (even though many of them got them through channels not available to gamers), but even so, the used market is still flooded by them - there is no "lapping up".

I am seeing a lot of used GPUs being put up for sale here in India as well and seems like no one is buying them even the ones that were guaranteed to be not mined on and people rather are buying new GPUs are prices that are lower than "launch prices" from 2 years back.

 

[ZoneDymo]

so rougly 3 times what I would be at most ok with paying for a gpu? got it.

 

[Bwaze]

Here in Slovenia used (miner) cards are about the same price as new ones in stores. Nobody is buying them, the used market is full of them, but I think the crypto entrepreneurs are so out of touch with reality that they are waiting for that one sucker. All 1000 of them.

 

[Tsukiyomi91]

don't wanna use foul language here but fuck both Nvidia and the miners for ruining the market. Let them sit on a massive pile of GPUs regardless of its condition and let it rot even further.

 

[Nanochip]

Let them rot.

 

[trsttte]

Still way too rich and power hungry for me but I do love the design on the reference 3090/ti cooler

 

[wolf]

Not me though.....

Would you have bought a 3090 at MSRP? what about a 6900XT at $999?

Not only for you (and what I've quoted specifically), but some of these outright ridiculous halo products, that have existed for many generations, are not products for the vast majority of people. Hec xx80/Ti aren't even for most people, most want a xx50-xx70 class card (or of course, the competitors equivalent)

50-100+% cost for circa 10 or 15% more performance at the high end (think the perf difference in most games between 3080 and 3090) has never been for a vast majority of buyers, they just make products for people with deep pockets, and an aim for the 'best' (or of course, bragging rights)

 

[bug]

tanked to as low as $1,599

Wth, dude?

 

[trog100]

ether way.. look for a period of cheap graphics cards.. used new or whatever.. i use the word cheap in a relative way.. this is also not a time for the release of the next generation of cards.. expect delays with very limited availability..

trog

 

[Deleted member 24505]

I feel sorry for poor saps who are not miners trying to sell these, how do you prove you are not selling an ex mining card. "shrug"

 

[Easo]

In the meantime in Latvia cheapest 3080 is still ~1k EUR and this thing https://www.nvidia.com/en-eu/geforce/graphics-cards/30-series/back-in-stock/ still has "Partners coming soon" 3 months later.
Real world is a bit different and world has more than one country.

 

[SOAREVERSOR]

Would you have bought a 3090 at MSRP? what about a 6900XT at $999?

Not only for you (and what I've quoted specifically), but some of these outright ridiculous halo products, that have existed for many generations, are not products for the vast majority of people. Hec xx80/Ti aren't even for most people, most want a xx50-xx70 class card (or of course, the competitors equivalent)

50-100+% cost for circa 10 or 15% more performance at the high end (think the perf difference in most games between 3080 and 3090) has never been for a vast majority of buyers, they just make products for people with deep pockets, and an aim for the 'best' (or of course, bragging rights)

Correct but people don't think like that. Most people are in denial about the reality of PC gaming.

Most PC gaming is done at 1080p 60hz. Which means that most people are fine with a 3050-3060 class card and do not need more. The 3070-3080 series cards slot you into a solid 144fps 144hz or higher at 1080p or get you into 1440p or ultrawide gaming. But that's not most people. The 3080ti is really targeting 4k which is niche, and 4k at 120/144hz is so rare it might as well not exist. Stuff like the 3090 and the Titan series only ever existed to sort of bridge the gap between workstations and desktops.

There are people (me raises hand) who do work at home and who's work platform would consist of a HEDT platform, with dual 10gb NICs, RAID cards, NAS, DAS, and the situation where a Titan or 3090 class card does matter. I can also write this stuff off on my taxes. But that's an edge of an edge case. In that situation cost doesn't matter. If it gets things done faster or more importantly is needed you buy it, claim it as an expense, and that's that.

Now nvidia used to be honest about this at the start. But then they saw that gamers were buying up Titan cards at a higher volume than the edge cases and the stupid started. First we had the gimping of several Titan features, then we had the silly Star Wars LEDs show up for both the Jedi and the Sith. Then we had "creator" drivers that opened up a few things on lower end cards along with branding geforce platforms as creator platforms, and then we had the debacle of the 3090 where they just sold it as a gaming card. But I can't really blame them. Gamers themselves wandered into this situation wide open and are now stuck with the consequences of it.

I'm not sure if AMD is still segregating their product stack as radeon, pro, and then firegl but they did that as well for a bit.

 

[Deleted member 24505]

Restocked and reloaded

 

[bonehead123]

Price slashed from 2 kidneys down to 1

Whah.... no left testicles/mammary glands/right arms etc either.... holy body part savers batman, I gotza getz me some of dem thar GPU's now, before theyz all be gonerz.......

uh huh, right...

not in this lifetime, nor the next one either ....

 

[nguyen]

1600usd is still too much for something that would be obsolete in 3 months LOL.

 

[Vayra86]

There is a pretty wide perception gap between TPU writing and its userbase, it so seems.

Food for thought @btarunr
Matter of fact, where is your source saying gamers are happy lapping up miner GPUs? How does match with them dropping prices?

 

[TheDeeGee]

You know the slope isn't slippery when the Strix 3070 Ti still costs €860.