Nvidia reduces revenue prediction due to video card demand.

Discussion in 'Frontpage news' started by Hilbert Hagedoorn, Aug 8, 2022.

  1. Hilbert Hagedoorn

    Hilbert Hagedoorn Don Vito Corleone Staff Member

    Messages:
    48,325
    Likes Received:
    18,407
    GPU:
    AMD | NVIDIA
    rl66 likes this.
  2. CPC_RedDawn

    CPC_RedDawn Ancient Guru

    Messages:
    10,390
    Likes Received:
    3,064
    GPU:
    PNY RTX4090
  3. Horus-Anhur

    Horus-Anhur Ancient Guru

    Messages:
    8,580
    Likes Received:
    10,608
    GPU:
    RX 6800 XT
  4. schmidtbag

    schmidtbag Ancient Guru

    Messages:
    7,955
    Likes Received:
    4,336
    GPU:
    HIS R9 290
    So, miners make up at least 1/6 of Nvidia's sales. When you consider Nvidia's server, SoC, and automotive markets, that's actually quite large.
     
    Keitosha, carnivore, Airbud and 8 others like this.

  5. PurSpyk!!

    PurSpyk!! Master Guru

    Messages:
    725
    Likes Received:
    37
    GPU:
    RTX 4090
    I think when you over price your product when a global economy decline is happening, this is the result. Limited stock at release didn't help either.
     
    Keitosha, Kaarme, Fediuld and 4 others like this.
  6. tunejunky

    tunejunky Ancient Guru

    Messages:
    4,291
    Likes Received:
    2,936
    GPU:
    7900xtx/7900xt
    right now because of these lunkheads AIBs are taking it up the butt w/ sandpaper condoms.

    EVGA has had to reduce the 3090ti by one thousand dollars and there's no way that's not going to end up being written off as there is no $1k profit margin. which, if you want one right now ain't half bad but it speaks to the over production by Nvidia's third production run.

    they gambled and they lost right at a time when they're actually vulnerable (consumers actually have a strong second choice now)
     
    Keitosha, Fediuld, Valken and 3 others like this.
  7. vestibule

    vestibule Ancient Guru

    Messages:
    2,073
    Likes Received:
    1,309
    GPU:
    Radeon RX6600XT
    Sound like accounts have been taking stupid pills.
     
  8. dragonlord

    dragonlord Master Guru

    Messages:
    224
    Likes Received:
    85
    GPU:
    Nvidia Beta Tester
    Nvidia, can we see a comparison with a PRE-PANDEMIC year, please?
     
  9. Stevebutabi

    Stevebutabi Active Member

    Messages:
    64
    Likes Received:
    51
    GPU:
    ASUS 3080 TUF OC
    Serves them right, honestly.

    Hey nvidia, I'll take a 3090ti for $500 canadian right now if you want help getting rid of some inventory!
     
    Keitosha, Airbud, 386SX and 7 others like this.
  10. wavetrex

    wavetrex Ancient Guru

    Messages:
    2,445
    Likes Received:
    2,539
    GPU:
    TUF 6800XT OC
    Almost 6 years ago I got my lovely 1080 card for about $500 (+EU tax, ignore that), and it was the fastest one can buy at the time !

    Today a card that costs the same is barely 20% faster (the 3060)
    Don't care if cards which are 150% faster exist if they are also 200% more expensive. That is stagnation, or worse.
    ... and they are surprised Pikachu that sales are down.

    ---
    Give us $250 mid-range (-60), $400 mid-high (-70) and at max $600 top end (-80/90), and then it will feel like actual progress and real gamers will buy them without even blinking !


    Oh btw, 85% of the previous max of ETH mining is STILL in operation... imagine if all that suddenly stops with the merge, or simply because a of a serious crash.
     
    Keitosha, carnivore, Fediuld and 5 others like this.

  11. -Tj-

    -Tj- Ancient Guru

    Messages:
    18,095
    Likes Received:
    2,601
    GPU:
    3080TI iChill Black
    yeah greed is a tough cookie to swallow


    I knew it will bite them back, a lot. If they made this move 4-5months ago it would be a lot better, but no I want mooooarrrr xD
     
  12. Silva

    Silva Ancient Guru

    Messages:
    2,048
    Likes Received:
    1,196
    GPU:
    Asus Dual RX580 O4G
    Give me a 3070/80 for 250€ and I'll buy it, help you clear stock buddy.
     
  13. tunejunky

    tunejunky Ancient Guru

    Messages:
    4,291
    Likes Received:
    2,936
    GPU:
    7900xtx/7900xt
    i'm actually still pissed off (as a stockholder). granted, i haven't bought any shares in the last five years but a good 10% of my retirement portfolio is with Nvidia. i re-upped my investment with Kepler based on lack of AMD's abilities at that point (and extrapolated for several years).
    but as of today it's down 15% and it's been bobbing an weaving for quite a bit.

    normally i don't pay any mind to it except to winnow out news of tech and spec
    but this was 100% weak sauce.
    i'm glad i have the confidence in their future product line but imho, i'm going to have to suck it up (buttercup) for a while.
     
    Fediuld, fantaskarsef and Valken like this.
  14. tunejunky

    tunejunky Ancient Guru

    Messages:
    4,291
    Likes Received:
    2,936
    GPU:
    7900xtx/7900xt
    meanwhile back at the ranch....

    AMD has ordered a record (for them) number of wafers for gpu fab

    Nvidia has yet to feel the pain of a less expensive, higher performance, and more efficient GPU
    i'm not saying rdna 3 is "it", i'm saying Nvidia is playing with fire.

    AMD has all the momentum right now off of record earnings (also stockholder) and
    rdna 3 has really good numbers shipping to AIBs
     
    Keitosha, carnivore, Fediuld and 3 others like this.
  15. umeng2002

    umeng2002 Maha Guru

    Messages:
    1,423
    Likes Received:
    330
    GPU:
    4080 Super
    Let's all pray to God that nVidia can battle through these trying times. :rolleyes:
     
    Keitosha, Kaarme, Fediuld and 7 others like this.

  16. TimmyP

    TimmyP Guest

    Messages:
    1,398
    Likes Received:
    250
    GPU:
    RTX 3070
    They just wanna buy as much time as possible before dropping 4000 series.
     
  17. Glottiz

    Glottiz Ancient Guru

    Messages:
    1,876
    Likes Received:
    1,143
    GPU:
    TUF 3080 OC
    No wonder sales are bad. RTX 3060 still costs 500-600€ in stores here. It's absurd. This GPU should be like 200-250€ at this point in time 2 years after release (I mean price in stores for brand new one, not second hand dying card). But even if price drops to 200-250€ tomorrow, I don't think many will buy it. So many people are fed up with GPU market and just don't care. They don't even care to follow GPU prices. It was hopeless for them for 2 years+ and they stopped caring.

    As for 3080 and 3090 prices.... well yeah those have stabilized. But it doesn't matter any longer. All enthusiasts who wanted one already has one and are waiting for 4080/4090. So usually it's only entry/budget cards that still sell 2+ years in GPU generation, but now they don't, because of ridiculous prices in stores as I mentioned.
     
    Keitosha, carnivore, Fediuld and 4 others like this.
  18. kondziowy

    kondziowy Master Guru

    Messages:
    247
    Likes Received:
    147
    GPU:
    7800XT
    I will take 3090 for a fair price which is 300$ right now. Nvidia - you know where to find me. PM here.

    Otherwise, your tears are delicious.
     
    Fediuld, toyo and fredgml7 like this.
  19. waltc3

    waltc3 Maha Guru

    Messages:
    1,445
    Likes Received:
    562
    GPU:
    AMD 50th Ann 5700XT
    Another thing that happened, I think, was that during the shortage, lots of people cooled their ardor and discovered their current GPU to have a lot of life left in it. Few people paid the ridiculous prices the scalpers were asking, so that with the decline of the mining fad (again) it definitely affects demand. I was ready to buy a 6800XT from the AMD Store back in Dec of 2020. I refused to pay the scalper prices, and the 6800XT is still not being sold by the AMD store today--so I finally bought a 6900XT from the AMD store at the original 2020 MSRP (held its price well), but in early 2022! I'll bet lots of people are waiting on RDNA 3, as well. I'm definitely going to wait and see about that...eating out of dumpsters is not any fun...;)
     
    tunejunky likes this.
  20. Agonist

    Agonist Ancient Guru

    Messages:
    4,283
    Likes Received:
    1,312
    GPU:
    XFX 7900xtx Black
    Aww, cant sell too miners anymore Nvidia?
     
    Keitosha, Fediuld, Picolete and 5 others like this.

Share This Page