Retailer ProShop Gives a Peek into the Stark Reality of RTX 30-series Supply Situation

[Vya Domus]

What did they mislead investors about?

If their claims about demand and supply turn out to have nothing to do with the "unprecedented demand from gamers" it will be considered misleading. Again, this happened before and it seems like this is a repeat of that :

Nvidia Sued by Angry Investors for Misclassifying Crypto Revenue

A group of unhappy investors has sued Nvidia, claiming the company misled them over how much of its revenue was derived from cryptocurrency sales.

www.extremetech.com

NVIDIA Allegedly Sold $175 Million Worth of Ampere GeForce RTX 30 GPUs To Crypto Miners, Could Be A Contributing Factor Behind Immense Shortages

Financial analysts have suggested that NVIDIA sold $175 Million worth of GeForce RTX 30 Ampere gaming GPUs to crypto miners.

wccftech.com

The problem is that the gaming segment is considered relatively stable while crypto obviously isn't, therefore investors are led to believe they're buying into something else than it actually is.

 

[Blue4130]

If their claims about demand and supply turn out to have nothing to do with the "unprecedented demand from gamers" it will be considered misleading. Again, this happened before and it seems like this is a repeat of that :

Nvidia Sued by Angry Investors for Misclassifying Crypto Revenue

A group of unhappy investors has sued Nvidia, claiming the company misled them over how much of its revenue was derived from cryptocurrency sales.

www.extremetech.com

NVIDIA Allegedly Sold $175 Million Worth of Ampere GeForce RTX 30 GPUs To Crypto Miners, Could Be A Contributing Factor Behind Immense Shortages

Financial analysts have suggested that NVIDIA sold $175 Million worth of GeForce RTX 30 Ampere gaming GPUs to crypto miners.

wccftech.com

The problem is that the gaming segment is considered relatively stable while crypto obviously isn't, therefore investors are led to believe they're buying into something else than it actually is.

Thank you for the links. At least someone has info to back their claims up instead of name-calling.

Was the lawsuit successful or just baseless fluff like so many others.

 

[EarthDog]

Thank you for the links. At least someone has info to back their claims up instead of name-calling.

Was the lawsuit successful or just baseless fluff like so many others.

It's currently in progress. The last updates I recall was additional complaints were being filed with most (not all) dismissed/not all taking. I've heard this would get thrown out (at best), eventually. That said, only time will tell how this works out, but from what I've heard, this doesn't have much traction (yet? Who knows). It's been almost 2 years so far... IIRC this started back in 12/2018 and the last action was in May 2020.

EDIT: https://www.globenewswire.com/news-...res-announced-by-Shareholders-Foundation.html

 

[Valantar]

Source

Blogs | Pepperdine Graziadio Business School

Graziadio Business Blogs offers a collection of insights and resources from Graziadio School faculty and leading business professionals. Read our blog here.

gbr.pepperdine.edu

Did you miss the part where that law states that it applies specifically within judicial matters?

in any judicial matter within the jurisdiction of the executive, legislative, or judicial branch of the Government of the United States

I.e. it's not criminal to lie, it's just criminal to lie when involved in a judicial matter. The marketing and sale of products is not a judicial matter in and of itself. General criminalization of lying would not only arguably be unconstitutional in the US (freedom of speech), but also an entirely unenforceable law.

 

[Mistral]

Factories selling directly to miners again?

 

[Nater]

I wonder how many employee's are scooping them up before they ever hit the shelf.

A bit off topic: lots of reports of that happening with ammunition near me. Word is there's a guy at one of our local sporting goods stores, who buys every case of 9mm ammo that arrives himself. Friends have complained to the manager and he says there's nothing he can do about it. They're going to escalate the complaints to corporate and see what happens.

And I know I did similar when I worked Sporting Goods at Wal*Mart back during the Obama ammo rush. If something came in I wanted to buy (.45ACP mostly), I'd stock the shelf right before I clocked out, call the manager to the ammo case, go clock out, come back and meet him there to buy a couple boxes. Nobody in management cared, they saw it as a "job perk" for me I guess.

 

[Franzen4Real]

On the same page:

AMD Radeon » RX 6800 | RX 6800 XT | RX 6900 XT » Full overview!

AMD Radeon RX 6000 Series overview und schnelle Lieferung mit Proshop a/s

www.proshop.de

100 RX6800 + 25 RX6800XT Powercolor cards received and 13 RX6800 + 9 RX6800XT ASUS cards incoming.
Manufacturers barely shipping 5% (in case of RX6800) or 2% (in case of 6800XT) of the cards ordered by the retailer.

I saw that post yesterday as well. You gotta love how that chart was conveniently (but not surprisingly) not reported on...lol.

 

[INSTG8R]

Old news but definitely shocking regardless...it’s not even a huge retailer imagine the big ones...
edit: okay “updated new” the original numbers were in the 1000s..

 

[TechLurker]

Personally, I'd rather see numbers from Amazon, Newegg, Best Buy, and Microcenter, since we know from past insider comments that AMD and NVIDIA both gave the US priority over the other markets. That would give a more realistic picture of exactly how many cards have been shipped/stocked/sold.

 

[efikkan]

paper launch is paper launch

Not at all. All the RTX 30-cards probably shipped more cards on launch day than Radeon VII did throughout its lifespan. This is the kind of nonsense people believe when they listen to opinionators on YouTube.

Demand is certainly stronger this time around, but people are still forgetting that Turing and Pascal were "sold out" for 2-3 months after launch, even Maxwell was hard to get in the beginning.

-----

Do we have some statistics from shipped RTX 30-cards vs. RDNA2 cards from any of the major US retailers?

 

[MikeSnow]

See again its one country and one store, it doesn't really paint a picture of the overall picture, there are likely hundreds if not thousands of retailers across dozens of countries, selling all sorts of models of the 30 series.

Short term, immediately after the launch, you would be correct. There could be temporarily large differences between countries, shops, etc. But, after a while, things would normally start to balance out. After all, nothing is stopping people from buying from a different shop, if one has no stock or has insanely high prices. Or in some cases even from a different country, if they are desperate enough.

Later edit: Hmm, thinking more about it, you could be right, at least in theory. Stocks could be low everywhere, but some shops could still move more products than others.

Even later edit: I added up the numbers in the first and last columns for the 3080 statistics, and I got 3442 outstanding orders, and 1197 cards received, and probably mostly delivered to customers. That means 25% of the orders and preorders have been delivered so far. It's still bad, but not as bad as it looks if you focus on just the most popular models. That is until you realize there have been almost 3 months since the launch. At the same rate, it will take a full year from launch to fulfill all those orders, assuming none of them are duplicates from people that ordered in multiple places, and that no additional orders will be placed or canceled until September next year.

 

[Frick]

I saw that post yesterday as well. You gotta love how that chart was conveniently (but not surprisingly) not reported on...lol.

The 3000 cards have been out for longer, so a comparable AMD piece would be made in january. The 3080/3090 was released in late september, RX6000 in mid november.

Had a quick look on some sites and it looks like you can't even find out when the 3080/3090 (released late september remeber) will be in stock.