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It has been heavily rumored that NVIDIA has been dealing with some massive inventory issues for a while now. Just last week NVIDIA informed us through its earnings call that sales into the cryptocurrency market had all but dried up and much of that business was shifting over to purpose built ASICs. Digitimes, which is usually a very solid source for this type of information, is reporting that NVIDIA's second quarter revenues are much better than expected. It is suggesting that ten of NVIDIA's AIBs have taken "massive contracted shipments." What this means is, and let me translate, "You had better sell all these "old" GPUs, or you will not be getting new GPUs." This is not uncommon and has been done since I have been involved with reporting on the GPU business for two decades. What does this mean to the gamer and enthusiast? Hopefully we will see an over-supply of GTX 10XX series video cards, and we will see those prices start to fall. We are finally seeing GTX 1080 Ti cards $50 below the original $700 MSRP, and GTX 1080 cards are down to $450. So if I was a betting man, we should be seeing even deeper inventories of GTX 10XX cards soon, and with RTX 2080 and RTX 2080 Ti cards now for pre-order, we might be seeing the GTX 10XX drop even a bit further. If you have been waiting to buy an NVIDIA GPU, you might be better off by waiting a bit longer.
Remember that you can always install our Hover Hound extension for Chrome and Firefox to do direct Amazon searches from Newegg's product pages. It makes quick price comparisons a lot easier when looking for computer parts.
After suffering thick inventory of mining graphic cards amid sustained mining chill seen since April 2018, graphic card suppliers including Asustek Computer, Micro-Star International (MSI) and Gigabyte Technology still have to absorb massive contracted shipments from Nvidia before the chipmaker releases its new-generation GPU chips in the near future. This has allowed Nvidia to score slightly higher revenues than US$3.10 billion projected for the May-July quarter, the sources said.
Remember that you can always install our Hover Hound extension for Chrome and Firefox to do direct Amazon searches from Newegg's product pages. It makes quick price comparisons a lot easier when looking for computer parts.
After suffering thick inventory of mining graphic cards amid sustained mining chill seen since April 2018, graphic card suppliers including Asustek Computer, Micro-Star International (MSI) and Gigabyte Technology still have to absorb massive contracted shipments from Nvidia before the chipmaker releases its new-generation GPU chips in the near future. This has allowed Nvidia to score slightly higher revenues than US$3.10 billion projected for the May-July quarter, the sources said.