Nvidia CEO Claims GTX 10 Series Cards Have Almost Sold Out

Discussion in '[H]ard|OCP Front Page News' started by AlphaAtlas, Jan 15, 2019.

  1. AlphaAtlas

    AlphaAtlas [H]ard|Gawd Staff Member

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    Jensen Huang dumped a lot of information in his Q&A session with the press, and Game Debate spotted another interesting bit in the lengthy session. Nvidia's CEO claims that their higher end Pascal gaming GPUs are either sold out or almost sold out. As far as I can tell, reasonably priced GTX 1080 TIs have disappeared from the US Amazon and Newegg storefronts, and while there are still some 1080s, 1070 TIs, 1070s, and 1060s in stock, that might not be the case for long. VentureBeat posted a full transcript of the event, including the comment about Pascal stock.

    Question: Can you tell us more about your problem with excess inventory and how that will be resolved? Huang: It’s completely a crypto hangover issue. Remember, we basically shipped no new GPU in the market, to the channel, for one quarter. But the amount of excess inventory and market demand, channel velocity - you just have inventory divided by velocity, and that’s time. We said that it would take one to two quarters for all the channel inventory to sell out. 1080Ti has sold out. 1080 has sold out. 1070 has sold out. 1070Ti has sold out. In several more weeks 1060s will sell out. Then we can go back to business.
     
  2. Mega6

    Mega6 [H]ard|Gawd

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    10 sold out because no one wants to pay for a 20.
     
  3. tissimo

    tissimo Limp Gawd

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    Which was their plan all along.
     
  4. Mega6

    Mega6 [H]ard|Gawd

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    And last gen 10 cards being more desirable than the latest gen 20? I don't think that was the plan.
     
  5. tissimo

    tissimo Limp Gawd

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    It was, to move the old pascal stock. Hopefully with it gone, we'll get a price decrease, but realistically they wont reduce the prices unless forced.
     
  6. DNMock

    DNMock Limp Gawd

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    I'm afraid the only thing that would cause Nvidia to lower their prices down to reasonable levels would be AMD releasing a competitive card for less. Unfortunately if the Radeon VII details is any indication of future releases, that won't happen this generation.
     
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  7. filip

    filip [H]ard|Gawd

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    This guy is full of it, 1070 1070ti and 1060 are in stock and priced high. Maybe he is referring to the founders editions or some thing.
     
  8. TonyZ

    TonyZ Limp Gawd

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    Still using my 970 with no plans as of yet to buy one of the overpriced 20's
     
  9. illli

    illli [H]ard|Gawd

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    I've seen 1070ti cards for $350 off and on for the past 2 months. By now you'd think they'd drop to $300, and the 1070s to around $250.
     
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  10. Armenius

    Armenius [H]ardForum Junkie

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    And why would they be priced high? Because stock is depleting and they're still in high demand.
     
  11. tetris42

    tetris42 [H]ardness Supreme

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    I think pricing the 20's so high it made you want a 10 card was the plan. I think Space Invaders defects to make you REALLY want a 10 card wasn't.
     
  12. ole-m

    ole-m Limp Gawd

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    I see GTX1060 still being a problem.
    1080TI, 1080 is all sold out in my country.
    1070TI doesn't move at all, and won't unless it goes to 300-350$ (rough conversion) 1070 and 1060 doesn't sell well when better performance is cheaper (RX590) so who cares about power consumption at that point!

    I'd say one of the biggest issues is that the 1080 class is the big mover in my country (we're a bit rich, winters are long and we need entertainment Inside!)
     
  13. Galvin

    Galvin 2[H]4U

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    The demand for 1080s was insane. I sold mine on ebay before christmas. Sold for $350
     
  14. filip

    filip [H]ard|Gawd

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    I'm not the one who said prices should be lowered the CEO of Nvidia said that.
     
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  15. alamox

    alamox Gawd

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    Jensen is trying to appease investors, there is no going around cloud gaming, even if it's sux, the industry will switch to it, simply because it's cheaper, convinient, and a continuing stream of revenue based on subs, high latency won't stop them, they will get it to playable state then hand it over.
    all you are going to need is a low end apu, so when ppl will see 3k$ intel/nvidia rig to play a game, that works fine in a 100$ AMD nuc with 50-100ms more latency...surely nvidia will lose alot of business.
    i hope their IA is working on diversifying their portfolio, because the futur of nvidia isn't too rosy.
     
  16. Mega6

    Mega6 [H]ard|Gawd

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    I'm not buying a "cloud FPS", old games live on.
     
  17. nightanole

    nightanole [H]ard|Gawd

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    So a 1080 is $350, but a 1080 TI retail is $1300-1500 right now? is it really worth it for miners to pay that?
     
  18. alamox

    alamox Gawd

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    sorry wrong topic, meant to post it on the other one.
     
  19. Qthulu

    Qthulu [H]Lite

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    The retail stores i frequent still have tons in stock.
     
  20. purple_monster

    purple_monster Limp Gawd

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    the old prophecy says that the Radeon 9700 Pro would return in glory to save his people when the time was most dire. I can only hope that he soon releases in a new, more powerful form to save us- at a competitive price point as before. HALLEJUJA!
     
  21. andrewaggb

    andrewaggb Limp Gawd

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    I wish. I'm pretty sure Navi is going to be mid-low range to begin with and not until end of this year or early next year. Not sure we'll see a 9700 pro unless intel's new gpu comes out swinging, whenever that's supposed to come out.
     
  22. SixFootDuo

    SixFootDuo [H]ardness Supreme

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    I just checked online on the Craigslist and Facebook Marketplace Stores and their is a very healthy stock and for some reason these cards are only $500 to $600 LOL ......... and, the same performance as a RTX 2080 / Radeon 7.

    And before someone says the Radeon 7 beats the RTX 2080 ... no, no it doesn't, that was just in one game lol.

    Anyways.
     
  23. coynatha

    coynatha Limp Gawd

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    Ignoring DXR, and all things being relative (high prices not going anywhere), isn't the new RTX 2060 a pretty good value at $350?

    A quick glance earlier had me thinking the 1070 and Vega 56 aren't worth buying new with the 2060 hitting shelves.
     
  24. EODetroit

    EODetroit [H]ard|Gawd

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    He's talking about from Nvidia's perspective. Think manufacturer > wholesale > retail dynamic.
     
  25. fightingfi

    fightingfi Look at Me! I need the attention.

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  26. jnemesh

    jnemesh [H]ard|Gawd

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    " In several more weeks 1060s will sell out. Then we can go back to business." Should read "Then we can go back to overcharging our customers."
     
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  27. El Derpo

    El Derpo Limp Gawd

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    Wow ... you glimpsed into the future and saw benchmarks? Neat!
     
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  28. Chimpee

    Chimpee [H]ard|Gawd

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    Unless it is one of those 3rd party seller that never bother to reset their pricing during the crypto high, I do see those in Newegg and Amazon and not really representative of actual pricing.
     
  29. Hakaba

    Hakaba Gawd

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    Welp EVGA site no longer list the 1080/ti, there goes the last bit of hope of picking up an additional 1080ti FE at normal prices.
     
  30. Stoly

    Stoly [H]ardness Supreme

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    Well, even AMD itself is saying it will trade blows with the GTX 2080. And that's with their own benchmarks.
     
  31. Eymar

    Eymar Limp Gawd

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    Yeah it's crazy. Nvidia executes their gameplans better than anybody in tech, but they are looking vulnerable as I've ever seen them stock price wise. High end DGPU sales look like they peaked (in terms of volume, revenue maybe the same with price increases) the one market where Nvidia's excellence in execution always meant an uptick in revenue since they have only one competitor that can't compete. The mid end DGPU, AMD looks like will compete hard with NAVI and the low end might be taken over by APUs. The other large growth market DataCenter has fierce competition so Nvidia can't predict future there so neither can investors. The reason Nvidia has to pay attention to cloud gaming because doesn't matter how well you execute you still need to go where the customers are.
     
  32. El Derpo

    El Derpo Limp Gawd

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    Their own benchmarks don’t mean much right now. We have to wait and see real-world performance.
     
  33. Disco_Stu_04

    Disco_Stu_04 Limp Gawd

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  34. wizzi01

    wizzi01 [H]ard|Gawd

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    Are they new?
     
  35. RogueKitsune

    RogueKitsune [H]Lite

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    1080Ti's and 1080's are pretty much gone everywhere, except maybe the 2nd hand market, however every brick and mortar store around where I live seems to have 1070Ti's 1070's 1060's and 1050's for days (figure of speech). And a quick glance online has most mainstream retailers are in a similar state. Now this stock could just be the last spurt before its all gone, but I am not too sure about that.

    Of course there is always a possibility that he is only talking about FE cards sold by nVidia, in that case he wouldn't be wrong, just not telling the whole truth.
     
  36. jmilcher

    jmilcher 2[H]4U

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    exactly this. They had too much overstock from the mining craze. It all makes sense.

    Soon 20 series will be lower especially if AMD can compete in the coming months.
     
  37. SixFootDuo

    SixFootDuo [H]ardness Supreme

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    No, benchmarks are already out.
     
  38. SixFootDuo

    SixFootDuo [H]ardness Supreme

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    They don't need to be new. I've bought more used video cards than new.

    If you cannot educate yourself, research your seller, know what your buying, know what to look for, etc etc .... then perhaps you kids need to just stick with expensive and new.
     
  39. SixFootDuo

    SixFootDuo [H]ardness Supreme

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    AMD's new $800 Radeon 7 only beat the nVidia 2080 in one game out of 20+ something. You guys can go and google this. Some AMD fanboy put a spin on this and made it into something it wasn't
     
  40. Dion

    Dion 2[H]4U

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    I mean you make valid argument for the 2070-2080ti cards.. But the 2060 is priced well and performs really well for its price.