The GPU shortage is over. The GPU surplus has arrived

https://arstechnica.com/gadgets/2022/08/nvidias-excess-inventory-means-the-gpu-shortage-is-officially-a-gpu-surplus/

by stalfosknight • 4 years ago

35 22 4 years ago

yuan43• 4 years ago

Nvidia CFO Colette Kress insisted that the company is "unable to accurately quantify the extent to which reduced crypto mining contributed to the decline in gaming demand," notably because Nvidia has gotten into trouble with the SEC for obscuring the number of GPUs it was selling to cryptocurrency miners in the past.

This sentence is confusing. Is "because" the right word here? If Nvidia got into trouble for obscuring the number of GPUs used in mining, wouldn't that motivate the company to get a handle on this number as part of its obligation to disclose risks to shareholders? Especially because Ethereum is about to render most mining rigs useless with the upcoming "merge"?

wmf2• 4 years ago

Or it would motivate them to simply refuse to comment so they can't be accused of lying.

smoldesu• 4 years ago

The stage is set for the AI Golden Age?

freeqaz• 4 years ago

With those recent weights leaking for the Standard Diffusion model, maybe there is a chance that we see some really cool startups spinning up!

KaoruAoiShiho• 4 years ago

Is there a link I can read about weights leaking for the Standard Diffusion model?

dixie_land• 4 years ago

The 30xx GPU surplus has arrived. The 40xx GPU shortage is just around the corner.

LoganDark• 4 years ago

Nvidia apparently got into a contract to produce a huge amount of 40-series GPUs and couldn't back out of it after the mining crash. Pretty sure we'll have plenty of them.

haunter2• 4 years ago

Sorry I'm not buying into this. Unless you can show me where I can buy an RTX 3070 for $350 cause that's how much I paid for my GTX 1070 7 months after the release (and that was brand new not second hand market)

adamrezich3• 4 years ago

hear hear, my desktop died a few months back and I keep waiting for exactly this to build a new one. it always seems like it's going to be right around the corner but still, no such luck…

adhesive_wombat• 4 years ago

If you're short a graphics card, why do you need to build an entirely new desktop? Unless there was a fire, flood or catastrophic PSU failure that took out everything, in which case, Rust In Pieces (and also insurance or warranty?)

Gravyness• 4 years ago

Adjusted for inflation?

haunter2• 4 years ago

That would be $420-ish today which still a far cry compared to the current prices

teaearlgraycold• 4 years ago

I’ve heard tell of $999 3080 Tis and $1199 3090 Tis

homarp2• 4 years ago

https://www.amazon.com/3080Ti/dp/B0979GYMHP/ --> 899

https://www.amazon.com/3090Ti/dp/B09R9G57GK --> 1149

searealist• 4 years ago

You never heard tell of a boot?

wmf2• 4 years ago

They keep increasing the MSRP of the tiers so we're never going to get a 70 class for under $400 again.

donmcronald• 4 years ago

To deal with this, according to Huang, Nvidia will reduce the number of GPUs it sells to manufacturers of graphics cards and laptops so that those manufacturers can clear out their existing inventory.

So what happens to the abundance of cards? They have to sell them sometime, don't they? Will they sell those to integrators and other B2B partners as a tactic to keep the supply for gamers restricted in an effort to keep the high MSRPs?

In 2017 it was practical to get an entry-mid (GTX 1060, RX 480) level GPU for <$200 USD. Now the MSRPs for similar cards are a solid 50% more and the gains from each generation haven't been that significant.

I think the long term strategy is to price GPUs so ridiculously that services like GeForce Now for $200 per year start to look like a good deal. If Intel ARC wasn't around I'm convinced we'd see reductions in supply, increases in prices, and a bigger push for game streaming.

It wouldn't even surprise me to see AMD and Intel get into game streaming deals and for the whole industry to trend in that direction.

The GPU shortage is over. The GPU surplus has arrived

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