Nvidia books $1.32 billion inventory charges as gaming demand plummets
- Thread starter WYP
- Start date
Dicehunter
Resident Newb
Anything that annoys Jensen I'm all for.
If the GPU price wasnt scandalous they wouldn't have suffered. They priced gamers out of the market.
AlienALX
Well-known member
Yup and then blame them when they won't buy the old left over crap they have.
All the while they're all playing on console RN meaning they're buying AMD. Good move NVIDIA.
Wait wait wait.
Do you mean gamers, those that screamed like crazy because they had "no gpus to buy" (WE HAVE NO GPUS TO BUY, F*CK MINERS, WE WANT THOSE GPUS, WE DESERVE THEM, theme),
but...when they have plenty of stock to buy, you simply get blue balls??? LOL!!!!!
Ohh this is soooo funny......
So not a big number of gamers are actually buying gpus for gaming. Noone would have guessed it, LOL!
but then, you see people saying that NVIDIA did it wrong to serve those gpus for the ones that WERE DESPERATE TO BUY THEM....
One of the sides is wrong according to this news, and i know which side is.
Do you mean gamers, those that screamed like crazy because they had "no gpus to buy" (WE HAVE NO GPUS TO BUY, F*CK MINERS, WE WANT THOSE GPUS, WE DESERVE THEM, theme),
but...when they have plenty of stock to buy, you simply get blue balls??? LOL!!!!!
Ohh this is soooo funny......
So not a big number of gamers are actually buying gpus for gaming. Noone would have guessed it, LOL!
but then, you see people saying that NVIDIA did it wrong to serve those gpus for the ones that WERE DESPERATE TO BUY THEM....
One of the sides is wrong according to this news, and i know which side is.
Avet
Active member
I don't know why is this a surprise. Jensen knew that the sales after crypto crash won't be the same. This is nothing bad. If you compare the numbers with the same period of 20xx series it should line up. Also Nvidia... If a customers buys palettes of GPUs you can be sure he is not buying them for gaming. They know the address of every single card and what it has been used for. Jensen is just playing dumb. They found cards stolen from the EVGA truck the moment they were in systems somewhere in Asia.
And other companies as well. What did they expect? To continue sales as they were during covid... Pfff... I am not marketing guru and i could have told them that the moment things settle down a bit people will stop buying games, and laptops like crazy.
And other companies as well. What did they expect? To continue sales as they were during covid... Pfff... I am not marketing guru and i could have told them that the moment things settle down a bit people will stop buying games, and laptops like crazy.
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I think you are just misjudging the amount of people who were screaming that. PLus most of those just bought their GPUs from NewEgg or those direct sales from the brands websites, etc at MSRP, (they had 2 years to finally have their time in the queue) or just bought them when prices began to fall and availability was already enough like myself (altough I wasn't screaming I wanted a GPU I was just mostly silently mourning I couldn't take advatage of my new 4k 120hz HDR TV with a few complaints here and there).
Even though gamers had a really hard time getting their hands on a shiny new GPU, NVIDIA sold many times over the amount of GPUs they were used to selling, something like 4x as much GPUs, even if all gamers went ahead and bought new GPUs they wouldn't be numerous enough to buy all of them. And that's why their revenue projection is falling so much, the number of sales are falling to normal.
That's all just ignoring the fact gamers ARE indeed buying GPUs, they're just not buying 3080s and 3090s, becasue thsoe are the SKUs NVIDIA is issuing price cuts. Which, again, is just normal, the most sold GPUs were always 60 and 50 class cards with 70 class in 3rd place, 80s sell considerably less and 90s are rare.
And also Ignoring the fact many just flipped the table and decided to wait for RTX 40 which will be launching soon enough, I mean if you already waited for 2 years, whats another 3 or 4 months right?
dazbobaby
New member
1. The media over-hyped the demand by gamers.
2. The prices crashed at the worst possible time for everyone, just as we enter a depression and massive inflation. Plus you know 40xx is about to launch.
3. You'd be INSANE to buy a card now, if you have the cash, then wait a few months and get double the performance for the same money.
4. Yes NVIDIA sold gamers down the swanny by selling to miners and giving gamers the middle finger, so it's no surprise that we return the favour.
Dawelio
Active member
Or wait for the next gen to launch, to see the current generation get even lower prices...
Dicehunter
Resident Newb
OR.... just don't buy anything from Nvidia at all, They behave like scumbags because they get away with it, People should vote with their wallets.
AlienALX
Well-known member
There have been some decent deals lately. So I don't think you are insane in any way if you wanted to buy a GPU. You can get a 6800XT for £650 now. It will be a long time before you see a next gen card that can beat it easily at that price.
Now sure, I would not buy a 3090Ti or 6950XT now. That would be crazy. However, we all know it will be AGES before either company let the cheaper and more performance next gen cards go.
As an example? I would hazard a guess and say that what you will see first is the 4080 and 4090 and equivalent AMD cards. Then they will wait, because firstly those are the ones they want to sell because they are the most expensive but mainly because the cards that you would be insane to buy now because of them never EVER EVER arrive at launch.
IE the 4070, 4060Ti and etc etc will all be dragged out for ages and ages. And I can bet you they will be hobbled in some sort of way like the 3070 and 3070Ti were too, where they didn't give you enough VRAM to make them last.
So do I regret paying £700 for a 16gb 6800XT with a water cooler strapped to it? no, no I don't. Because I KNOW that by the time Nvidia launch anything for £700 that can beat it very clearly I will have a lot more gray hair than I have now.
It was nearly a year, mining be damned before any one could get a 3070 any way. By that time it didn't seem anywhere near as good as it did at launch.
In the meantime? I have already been gaming every night on my 6800XT. Where as I could still have been waiting.
I dunno why people get "next gen fever" and get all in a panic and suddenly think that overnight the cards you can buy now are all of a sudden totally crap and can't run games. Always made me laugh when reviewers dropped the 2080Ti from their benchmarks once the 30 series were out.
The reason people are not buying cards has many facets, but mainly -
1. It is summer, and another cracking summer if you like that sort of thing.
2. The cost of living has shot up.
3. We are no longer in lockdown, which would have 1000% artificially inflated gaming and PC gaming because people could not go out.
I could go on, but yeah, hardly any of the reasons I can think of have anything to do with people punishing Nvidia or AMD. Fact is that gaming and PC gaming were a great lockdown hobby like many others and were artificially inflated by lockdown.
I collect BMX bikes and parts. And I can tell you I bought practically nothing during lockdown because it was all LOL prices and now? people can't give it away. For the same reasons above. Who wants to sit in their garage building bikes and ETC now that they have to go back to work and can go out etc?
Now yeah, I totally get that mining made it very difficult to get a GPU. And I totally get that we all got shafted by the companies selling to miners and etc. However, like I said, the demand was totally off the charts.
During lockdown we did not win a game of PUBG for months. Because all of the people who used to play it and were really good at it stopped playing, then all of a sudden games over discord with your buddies was a safe and cheap way to ride it out. Those pro players have all fallen off a cliff lately.
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