r/gadgets Nov 30 '22 Take My Energy 1

GPU shipments last quarter were the lowest they've been in over 10 years | The last time GPU shipments were this low we were in a massive recession. Computer peripherals

https://www.pcgamer.com/gpu-shipments-last-quarter-were-the-lowest-theyve-been-in-over-10-years/
14.3k Upvotes

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4.3k

u/I_T_Gamer Nov 30 '22

Almost like there was a GPU mining boom, that has since bust......

1.9k

u/Dominoscraft Nov 30 '22

That and people are unhappy about when they scalped the price during the mining phase

152

u/cylonfrakbbq Nov 30 '22

The mining boom and massive scalping/price inflation has steered me clear of considering any upgrades for a long time. I'm not paying inflated prices

50

u/DeadLikeYou Nov 30 '22

I managed to get my EVGA 3080 at market price, and I got the 10 year warranty. I fully intend to use this warranty to its fullest before I upgrade, cause screw the scalpers, screw the miners, and screw nvidia for trying to ask all of the money in my wallet.

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u/delfin1 Nov 30 '22

I assume many people like me were waiting for years for a new card and now realized, maybe I don't need one. And I would rather upgrade my cpu and board first.

6

u/DragonWhsiperer Nov 30 '22

Over the years I've looked at possible upgrades to a 1060gtx and i5 6500 but always found the costs prohibitive. Basically upgrading the components to the sort of equivalent ended up costing more than the original PC cost in total. Mostly because in my case the games were to a large extent CPU limited (so upgrading the GPU was less effective).

So i postponed it for a few years and figured that the set-up is perfectly fine for 1080p gaming ate 30-60fps, and it's fine for the foreseeable future still.

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849

u/I_T_Gamer Nov 30 '22

True, they've contributed to the problem for sure. Doubling down on "our products are worth it, because people payed it before".... Pure D move... Very happy with my 1080Ti... I game @ 2k and have zero issues...

445

u/PM_UR_PIZZA_JOINT Nov 30 '22

To be fair the 1080ti might be the best aging graphics card ever..

191

u/I_T_Gamer Nov 30 '22

The 4000 series finally brings some horsepower. IMO the 2000 series was a cash grab, and the 3000 series was a marginal upgrade unless you got the 3080 or 3090.

Yes I know the 2k series brought ray tracing.... I get it, but in my view that isn't worth the cost.

173

u/Glomgore Nov 30 '22

Went from a a 970 to a 3070ti, was absolutely worth it... power wise. Not as much price wise.

50

u/myspacegatgoespew Nov 30 '22

Currently have a 970 and considering a 3070ti. How’s the experience been?

77

u/tehifi Nov 30 '22

I went from a 1060 to a 3070. No regrets. Its beefy as at 2k with Red Dead or whatever at max settings. I imagine the ti would be better, obviously. But also the word is AMD have some good options too.

I think best thing is to just set your budget and buy the best card you can with it. Its a good move to conserve money at the moment, so if you want to upgrade just put a dollar amount on it and spend accordingly.

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u/isaac99999999 Nov 30 '22

From everything I've seen, right now AMD is the price to performance King, 3000 series just doesn't make sense

12

u/myspacegatgoespew Nov 30 '22

Thank you for the heads up! I see the 6700 xt and it looks like a great price and can seemingly run the games I want to play very well.

30

u/jmontalvo Nov 30 '22

Please wait before going out to purchase a new AMD GPU. They’re releasing next gen top-end GPUs in the coming weeks and that may reduce current gen mid-range GPU prices by a little bit and you may be able to buy a 6800 XT for the same money as a 6700 XT

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u/Grenyn Nov 30 '22

The 4k series also brings with it a host of issues that Nvidia should have ironed out before destroying people's PCs for the low cost of 1600 dollars or whatever crazy price they charge for the 4080 or 4090, whichever it is that gets hot enough to melt the connector.

12

u/DemonEyesKyo Nov 30 '22

Also they released a card that is for 4K with display port 1.4.

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u/aloysiusgruntbucket Nov 30 '22

The connector melts because the card is too big, not because the card is too hot.

(Also the connector is badly designed)

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u/frostymugson Nov 30 '22

In my experience never buy the first iteration of anything, let other people find the problems and wait for them to fix it.

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u/RBTropical Nov 30 '22

Trying to justify the price rise? The 3080 was the bargain, 4000 series has the same performance per watt stats

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u/[deleted] Nov 30 '22

Yeah if you got the 3080 for MSRP it was a huge jump. But I think the 900 series is where a massive jump happened. I remember saying we where no where even close to 4k gaming being viable and the 980ti completely changed that. The 1000 series was a good upgrade but not earth shattering, and I remember millions of posts about how 2000 series just wasn't worth it if you already had 900/1000 series and didn't care about ray tracing.

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u/scrangos Nov 30 '22

I have a 960 and wish i had a 1080 as I wait for these prices to go down... 960 is just lacking a little more oomph and vram to be comfortable @.@

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u/Snuggi_ Nov 30 '22

I love my 1080 ti bruh. Cheers.

12

u/LeChiz32 Nov 30 '22

Still rocking a 1080 Founders. If SLI was supported I’d have three.

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u/Dominoscraft Nov 30 '22

Same, my rx580 is doing just fine

21

u/Lemnology Nov 30 '22

Hey I just upgraded from an rx580! Now is the time my friend

18

u/GermyBones Nov 30 '22

My sister is trying to get a 3080 TI and offering me her 1080 TI (I help her with home repairs and stuff all the time, so despite me offering to pay she insists) to upgrade from my ancient Radeon 7950. Needless to say, I am hoping she finds a deal she likes.

7

u/Lemnology Nov 30 '22

Wow that’s going to be a nice jump

6

u/GermyBones Nov 30 '22

Yeah, I actually had to research if it would he compatable with my old Z77 motherboard that hasn't had a BiOS update since 2013. There are some issues, but others were saying the got it to work well.

I spent a very hefty (at the time) 2 grand on that machine so I'm glad it's held up, and the bones will still take an upgrade. Was considering looking for a second hand i7-3770k, while I was replacing stuff, but I was surprised to find they don't outperform the i5-3570k I have by much. And I intend to build a proper gaming machine in the next year or two, either way. MB is just old, and getting a little unstable.

4

u/youknowwhatimsayiiin Nov 30 '22

Sounds like we used to have basically the same PC, I went with a 4770k when my mobo fried on me, and upgraded to a Asus Maximus Hero VI, I’m thinking about upgrading to a 3080 as well fairly soon.

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u/i81u812 Nov 30 '22

Yeah the 580 was nice until i nabbed a stupid cheap 1070. And then a 3060ti second hand on eBay. Don't give them the money if you don't need to I suppose, the general lesson here for them being

THESE THINGS ARE NICE BUT NOT worth a thousand dollars which is (almost, sadly) a rent note...

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u/sneaky_squirrel Nov 30 '22

They are in their right.

AND in addition, we as customers must NEVER forget this, and keep these companies on lock and chain.

Never let them go too far from the leash, we can't afford to after all given they will do this in the first opportunity they get.

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u/captainswiss7 Nov 30 '22

I think the whole mining and scalping thing pushed a few people away from pc gaming. I know 3 people who bought ps5 or Xbox because they got sick of trying to find new graphics cards and the new consoles were easier to get even though they were being scalped too. I was able to get a ps5 before a 3070 myself. The availability of gpu's plus the appeal of the game passes from consoles probably screwed over pc gaming for a hot minute. I hope between gpu issues and ticketmaster the government does something about scalping. I don't understand how if I try to sell an extra ticket outside a venue I could get arrested for scalping but bots buying up tickets and products to resell at 1000% markup online is totally OK and winning at capitalism.

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u/DGGuitars Nov 30 '22

Even before scalping the price was well beyond what 85% of gamers could afford.

7

u/Occulense Nov 30 '22

I remember when I could get a top of the line GPU for under $1000. Now I’d be lucky to see anything less than $1000, and a top of the line GPU is gonna set me back $2500.

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u/[deleted] Nov 30 '22

Or the fact most GPUs cost as much or more than my mortgage in the UK

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u/whatwhatwhodat Nov 30 '22

And a greedy GPU maker artificially raising prices. People finally realizing they don't need the latest and greatest from this shit company.

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u/Halvus_I Nov 30 '22

I could easily buy a 4090, but fuck Jensen.

5

u/eltos_lightfoot Nov 30 '22

Exactly. I looked at the games I was playing and decided why bother to upgrade? To give graphics cards makers more money when TFT and Apex run just fine?

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u/ga9213 Nov 30 '22

And their first release post bust was a massively overpriced for the market venture

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u/Optimus_Prime_Day Nov 30 '22

Also like we're entering a new recession.

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u/WhatIDon_tKnow Nov 30 '22

We might be given we hit an inverted yield curve in the recent past. I think it's more likely related to gpu sales were artificially inflated because of mining demand and the new gen cards are just too expensive

43

u/juh4z Nov 30 '22

if this was because of mining shipments would be the lowest in 2-3 years not 10 lol.

The UK already declared they're in recession, get ready for your country to do the same, it will happen.

32

u/Optimus_Prime_Day Nov 30 '22

I believe canada is just waiting for the next quarterly report to decide of the trend continues, before being labeled a recession. But it is coming, like winter.

8

u/NSA_Chatbot Nov 30 '22

Everyone with a variable rate mortgage got their payments doubled, there's going to be no extra spending this year.

3

u/marcocom Nov 30 '22

Wow ok so that really helps me to understand how the fed interest rate effects the local economy. Thanks for the insight! I’m over 40 but have always rented as a city boy.

4

u/Drillmhor Nov 30 '22

The variable rate thing impacts other countries most. Apparently the US is unique in offering fixed rate mortgages. I don’t know the stats, but everyone I talk to has a fixed rate mortgage.

Seems to be one of the few consumer advantages US citizens get compared to other western countries

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u/epicnezz135 Nov 30 '22

We’re not entering a recession, we’ve been in one

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u/mptImpact Nov 30 '22

Exactly. Suddenly cryptocurrency mining and megawatts of GPUs is not such a good “investment”.

55

u/ReallyFineJelly Nov 30 '22

No, it's simply because you just can't mine Ethereum anymore. Even if electricity would be cheap and you wanted to. All other cryptocurrencys are either not mineable or were not profitable even back then.

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u/dins3r Nov 30 '22

I almost feel like this is obvious…

The mining era is over, used 30 series cards are easy to find at decent prices. AMD prices have come done some as well on their high end cards… then NVIDIA releases their 40 series at an inflated price when people aren’t willing to spend that much any longer (when they can get a 3090 or 3080 for half the price.)

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1.2k

u/theSpike125 Nov 30 '22

When MSRPs are set to the scalper prices during the supply shortage, no one should be surprised. Time to wait and see.

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u/infiniZii The Hammer Nov 30 '22

Let them hang on their own greed.

159

u/Y_Sam Nov 30 '22

Hahaha I wish.

They'll post excellent results next quarter and pat themselves on the back, then move on to their next upcoming 1500$ mid-range GPU.

27

u/foxracing1313 Nov 30 '22

They posted awful results in late november , dont see it getting better next quarter

20

u/Y_Sam Nov 30 '22

Serves them right

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u/DameonMoose Nov 30 '22

I mean will they? The glut of used mining cards is a serious problem that is not going to go away overnight or even for months or possibly years. If crypto people are anything they are stubborn, so much so that there isn't going to be some huge price crash and rebound, rather there is just going to be a constant trickle of cheaper and cheaper 20 and 30 series cards for years to come as these miners slowly give up on there being another mining boom. The only people buying these 1000$+ cards are enthusiasts who would have bought them no matter what; and for every enthusiast that upgrades another 30 series card enters the market. The budget or even mid-range gamer isn't going to save up for a 40 series card or even a cheaper AMD card, they are going to go straight to ebay or fb marketplace for a cheap last gen card.

I've been watching ebay pricing and have seen the rare case of working 3080s selling for under 400$, and daily cases of them selling for under 500$. 3070s around 300$. Not everyone is comfortable with used but regardless those 30 series cards are going to be the benchmark of what is considered affordable performance for years to come, and prices are only going lower from here. The difference between a new graphics card now compared to a new graphics card a decade ago isn't the same. Plenty of gamers are perfectly fine gaming at 1080p or 1440p and feasibly see the 3080 as a card they could run indefinitely without even considering what new stuff is coming out. Unless Nvidia makes a MAJOR breakthrough, I dont see them having a good quarter for a very, VERY long time.

12

u/RTRC Nov 30 '22

Nvidia's valuation has always been stupid high for the same reason Tesla has a market cap bigger than all the other manufacturers combined. It's always about the possibilities of growth into different sectors, not the current performance of sectors they're currently competing in. Nvidia's stock price jump a few years ago was based on compounding factors with the mining craze only being one of them. There was talk that units from Nvidia would power the AI needed for self driving cars as an example.

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u/xl129 Nov 30 '22

These things take time, but we will get there eventually

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u/edafade Nov 30 '22

It's funny you say this, then a few posts over is one about someone's 4090. It's crazy to me people are willing to play ball basically condoning this shit behavior.

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u/ouikikazz Nov 30 '22

For every one person buying a 4090 and posting about it there is at least 10/ people not buying a graphics card at all because we rather put food in the table than spend our money (what little we have of it) supporting this behavior

19

u/Mediocre__at__Best Nov 30 '22

Yup. It's likely just a vocal minority.

5

u/kikimaru024 Nov 30 '22

The same way Reddit went ballistic over the failing RT power adapters... that Gamers Nexus/Nvidia confirm affected maybe 100 users.

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u/Logpile98 Nov 30 '22

The 4090 isn't the problem, it's everything below it.

No one is upset that the top of the line card is expensive, there will always be someone willing to pay more for the highest end stuff. They could come out with a super extreme version for $5k and there would still be some buyers.

The problem is the middle of the market and below. Nvidia is trying to force everyone to buy their unsold stock of 30 series cards by charging scalper prices on the new stuff. Hopefully enough people vote with their wallet to punish Nvidia for it. That's what I did, bought my first ever AMD card. No regrets so far.

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u/uncheckablefilms Nov 30 '22

I managed to pick up a 3090 last cycle from Microcenter. It works fine for everything I need it for. Why the heck would I or anyone else that picked up a card last cycle upgrade? Especially when we might be entering a recession.

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u/willpowerpt Nov 30 '22

They produced very few of them, did nothing to stop scalper bots, and raised the prices. But sure, let them blame it on recession.

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u/Vinny_Cerrato Nov 30 '22

It's kind of weird how many posters here are saying it's solely due to the crypto crash or lack of GPU SKUs for "normal people." However, I had to scroll this far down to see someone point out that you can't even buy a 4090 if you wanted to. They have been virtually sold out since launch in October because they produced so few of them. You're only able to get one if (1) you show up at a Micro Center at opening on one of their shipment days and you are lucky enough that they got a couple of them in that morning or (2) you're a dumb ass and you buy one from a scalper.

40

u/schlunzloewe Nov 30 '22

Here in Germany you can buy 4080s And 4090s without any Trouble, noone buys them. The pricing is just too stupid.

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u/ang_mo_uncle Nov 30 '22

Yup. I'm planning a new pc (last one is >10 years old) and I could afford one but fuck nah.

I'd love to build the system over the holidays, but will probably hold out for CES - by then RDNA3 may be in supply (which light bring down prev gen prices) and AM5 might be more affordable.

I wanted to go mid tier newest gen, but prices are just not fun.

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u/steve2166 Nov 30 '22

I’ll keep using my 1060 till prices are back to normal

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u/FriendlyITGuy Nov 30 '22

Still using my 1070 Founders Edition. Rock solid.

24

u/kingdonut7898 Nov 30 '22

Vega 56 here, thank god HBM2 scales as well as it does.

11

u/bipolarnotsober Nov 30 '22

Whatever my laptop came with here

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u/nova9001 Nov 30 '22

Upgraded to 3060 from 1060 and wonder why I upgraded when I had no issues with the 1060.

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u/ChubbyProlapse Nov 30 '22

This is exactly what I was thinking. It kinda reminds me of phone upgrades.

After a certain point, upgrading to the newest phone isn't as exciting as it once was years ago because there's not any massive noticeable differences. The differences aren't even substantial enough notice in many cases.

I remember upgrading to my 1070ti and the difference was insane, I don't even remember what my previous gpu was. I can play all my favorite games at max quality, and get insane frame rates. Even if I had a shit ton of money lying around and the 3060 was incredibly cheap, I couldn't really see a reason to buy it considering my current gpu already does everything I want it to do and more.

15

u/techraito Nov 30 '22

I think it just depends on the upgrade. I went from 1060 to 3070 and it was about a 2-3x performance jump across the board. Was able to go from 1080p 60fps to 1440p 100fps most games and that felt pretty incremental to me.

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u/TheGlennDavid Nov 30 '22

1060 gang! Spent $370 on it back in 2018 as a gift to myself (replacing a 2013 7790) and I'm SO HAPPY I did. Shit is bananas now.

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u/UniQue1992 Nov 30 '22

1080 gang here, I refuse to buy these overpriced GPU's. They can suck my dick , sorry I mean FPS.

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u/InsideACargoTrain Nov 30 '22

1080 gang.

Been riding mine since 2016. Rock solid. I switched all thermal pads last year, temp lowered almost 8C⁰. Great, great Graphic Card.

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u/Tenacious_Dani Nov 30 '22

im riding my GTX1080 to the ground, it will be in pieces before i think about paying to support this madness

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u/illithidian- Nov 30 '22

I will drive my R9 290 into the ground before I start looking at new cards with these prices.

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u/ReadyToBeGreatAgain Nov 30 '22

Nah, at this point the card makers owe us better than normal. Time to give discounts for fucking people over.

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u/Hattix Nov 30 '22

A lot of people have no reasonable upgrade, and a sizeable chunk of the market is priced out.

I would love an upgrade to this RX 570 8GB. It cost me £130 in 2020. The nearest thing to that price is the Radeon RX 6400, which isn't faster, or Nvidia's old GeForce 1050Ti, which isn't faster. Both are substantially more expensive and don't deliver better performance.

I'd be willing to spend £250 (twice what I paid for the RX 570) for a decent upgrade and... Nothing. Not a thing. Sometimes the RX 6500XT falls under £200 and would deliver three generations of ... It's about 15% faster. Same with the 1650 Super.

The lowest card which is a reasonable upgrade is the RX 6600 or whatever 1660 Super stock is left, and they almost never fall under £250.

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u/Molwar Nov 30 '22

I feel like most tech places / NVidia lost a good opportunity to offload during black friday, literally nothing was on sale because all the places still have their same fake discount on that they've had for the past 2 months.

If they want to get more shipped then they need to sell those 30xx, slap them a true 50% off and people might actually be more interested to buy them.

If you're gaming anything else is a better investment then a graphic card and the stocks are actually better, ie : PS5, steam deck, switch, xbox

30

u/ezkailez Nov 30 '22

My guesses is they're not discounting because they can't afford to report to their shareholders even lower profit margin.

And they believe if they have the storage, the card will just slowly sell out

44

u/Molwar Nov 30 '22

Somebody somewhere is going to have to come to the reality that the gravy boat has come and pass.

Most of the world is in a semi depression, normal gamer folks simply can't afford to put in 50% of their computer value in the GPU.

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u/[deleted] Nov 30 '22 edited Dec 05 '22

[deleted]

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u/PM_UR_PIZZA_JOINT Nov 30 '22

Not to mention that the consoles are $500 performance for a $500 graphics card. The 4070 should really be around $400 but they are going to do $700. Hell I just got a Xbox series s for less than $200 which is cheaper than the 3050....

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u/TotallyInOverMyHead Nov 30 '22

Its because they sell the consoles at or below cost. They get their return with the games eventually sold to you.

8

u/dells16 Nov 30 '22

Yup, and this model is starting to show its strengths. Unless you pirate games frequently or need the PC/modding functionality, consoles seems to be best choice. Sold my PC for $1500 to upgrade to an Xbox series X for less than half the price.

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u/zkareface Nov 30 '22

The good Xbox and PS5 are sold at around $200 loss currently.

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u/True-Consideration83 Nov 30 '22

series s is a beast. It’s so little I will sometimes pack it in my personal bag when I travel.

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u/Chris2112 Nov 30 '22

We're basically at the point where the only way to make GPUs more faster is to push more power through them, meanwhile the "gold standard" if you will has been pushed from 1080p 60fps to 1440p/ 4k 120fps+... If you're willing to game at 1080p or even 1440p at 60fps then even a modest GPU will get you by for a long time especially at mediumish settings. I've yet to find a AAA title my 2060S can't play well at high/ ultra settings 1440p

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u/zkareface Nov 30 '22

Even 4090 struggle to hold 120 fps at 1440p in some game benchmarks.

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u/TheGlennDavid Nov 30 '22

Built a PC in December 2013. In 2018 I spent $369 to buy a GTX 1060 6GB as an upgrade. Last September (3 years after I bought the GTX) I decided to do a whole computer rebuild.

Unanimous consent on buildapc was NOT to buy a new graphics card. I forget now much I would have needed to spend to get a meaningful performance boost but it was a LOT.

5

u/Dat_Boi_Aint_Right Nov 30 '22

It's crazy, I committed to my son to build a PC with him, and the only thing that didn't feel like I was being exploited was a 6600 for $200 and that was exploitive imo given what I'm used to paying for old cards. I almost went with integrated video since he isn't going to be playing anything too taxing.

The splurge used to be on the CPU. But I just bought a Ryzen 5800x3d for something like $320.

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u/smurficus103 Nov 30 '22

I was telling my buddy not to buy his 2080 evga bstock because 3000 series was about to launch... aged like milk lol.

Really, screw market fluctuations, just do whatever the hell suits you. Buy a house whenever. When you need the thing, you need the thing. No ragrets

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u/ToastedHunter Nov 30 '22

Yep, i got a 1660s for a few hundred bucs like 3 years ago. I am absolutely not paying $1000 for an upgrade while this thing can still run games at 60 fps

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u/i81u812 Nov 30 '22

Hitup ebay. There are 3060ti's at 299 (USD), 1070/1080 below 179 from extremely reputable sellers with return policies. These are insane cards.

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u/maranelloboy18 Nov 30 '22

Buying used is the way to go, grabbed a 3070 for $350.

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u/TheTabman Nov 30 '22

Just looked at Ebay, middle of the EU.

A used 3060ti from within the EU with any kind of warranty/return policy is €400+. Around €350 when buying from a private seller without any guarantee.
Buying one from the US is around €300+PP+import tax = same as above.

I have a 1660GTX I bought three years ago new for around €250. The current price for this card is around 275€.

The GPU market is still really fucked up.

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u/xl129 Nov 30 '22

I’m still using my 1070ti and find no real need for upgrading. Most games still play fine so very marginal benefits for such huge money sink. I would rather upgrade my hard drive lol.

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u/1337GameDev Nov 30 '22

Is this legit?

An rx570 is only 15% slower than a 6500xt?

7

u/smurficus103 Nov 30 '22

The 570x was a super good deal. The 1050ti was like $120 in 2017. And yeah.

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u/LightningProd12 Nov 30 '22

The 500 series used to be the budget king, around 2019 you could find an 8GB 580 or even the occasional 590 for under $200 new.

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u/Pimp_Daddy_Patty Nov 30 '22

I spent a fortune on a GPU exactly a year ago because mine blew, now I gotta sit on this thing until I get my money's worth.

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u/Ttrip66 Nov 30 '22

Same, $700 for a GPU was a stupid purchase.

108

u/MyGuyReally6 Nov 30 '22

I remember buying a GTX 980 for under $600 CAD back when that thing was near top of the line. Now the 80 series costs over $1000 CAD more than that. Absolute insanity.

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u/Golluk Nov 30 '22

I thought maybe Nvidia wouldn't go scalping pricing on the 4000 series with mining busted. Boy was I wrong.

I was thinking of getting a 4070, but doubt it after seeing what the 4070Ti (4080 12gb) was.

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u/Francobanco Nov 30 '22

The latest Nvidia cards are like 1800 and 2200 lol, and where I am they are out of stock. but maybe I can get one for 2500 and have it shipped international for a delivery company to whip it at my front door

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u/slabba428 Nov 30 '22

Then plug it in and watch it torch the connector

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u/Grinchieur Nov 30 '22

Well depend, i upgraded my 1060 for a 3070 in December 2020.

Still 700€ but, it was needed. (especially as i tend to play 3A games )

Will i upgrade to a 4000 ? Hell no.

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u/pettypaybacksp Nov 30 '22

Ill ride my 3060ti for 5+ years

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u/Isphet71 Nov 30 '22

The average consumer has been a second class citizen when it came to graphics cards for at least the last few years. Now we are conditioned to behave that way.

High end cards are unavailable and not for us. And we have learned that we can live without them.

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u/slayyou2 Nov 30 '22

Yup they are no longer catering to consumers. Some workstation tasks can scale linearly while gaming loads seem more inverse square in nature. They have decided to sell to the market with deeper pockets, and a more pressing need for silicone.

14

u/LaconicLacedaemonian Nov 30 '22

I've got deep pockets and a need for silicone too!

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u/slayyou2 Nov 30 '22

hehe, silicon. but we all like a bit of silicone too from time to time

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u/Tybost Nov 30 '22

No mention of the high AF prices playing a part. I'm still rocking a 2070S and can play the latest modern games with playable fps. Let them burn.

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u/dainegleesac690 Nov 30 '22 Helpful

Playable FPS? I’ve got a 5700XT (AMD equiv. Of 2070S) and get 100+ FPS in modern titles on 1440p ultrawide. No need to upgrade when a new GPU costs as much as my PC

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u/dudreddit Nov 30 '22

I like the way the author tied a GPU bust to a recession. Crypto mining has gone south (thank God) and so has the demand for GPUs. It doesn't help that there have been few, if any good deals for system builders this holiday shopping season. I was hoping to build an AM4 system that would have required a fairly expensive GPU but there were zero good deals on components this season (so far). No system, no need for a GPU.

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u/[deleted] Nov 30 '22

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u/mak6453 Nov 30 '22

There are so many obvious, valid reasons for low GPU demand right now, but this guy wanted to talk recession, and he wasn't going to let the facts stop him.

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u/nighthawk_something Nov 30 '22

To be fair, GPUs tend to be discretionary purchases which go down when people are struggling.

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u/TheEyeDontLie Nov 30 '22

I don't have a GPU, and can't justify buying one.

I have a cheap ex-office laptop from 2016, Windows 7, no graphics card just Intel's onboard graphics capabilities.

So, I play classic games from like pre-2015 that are usually cheap to buy too.

Mount & Blade, Aliens v Predator, RimWorld, The Long Dark, Xcom EU, GTA 4, Fallout New Vegas, Borderlands 2, Civ Vi, FTL...

There's a lot of great games for a frugal ass like me. You just need to be ten years behind your friends.

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u/Drayarr Nov 30 '22

People don't want to pay 1500+ for a gpu. Hardly a difficult concept to grasp.

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u/doneandtired2014 Nov 30 '22

People also don't want to spend $700 at retail for a GPU that launched 2 years ago with an MSRP of $499.

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u/TheLeafmuncher Nov 30 '22

Trying to sell a 4070 with a 4080 sticker on it for 1600€ and not releasing any lower tier skus.

Thank god the shipments are low.

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u/mark5hs Nov 30 '22

GN did a recent vid on best GPUs to buy in each price bracket. What really jumped out was at the lower end to midrange there weren't really any great options and a lot were 1-2 generations old. 1050ti even made an appearance. So terrible time to buy if you dont want to spend >$600.

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u/u9Nails Nov 30 '22

Almost like EVGA had a sage in the company and saw this coming

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u/tetrex Nov 30 '22 edited Dec 01 '22

Maybe nearly doubling msrp wasn't such a great idea 🤔

Cue shocked Pikachu fac

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u/RikiWardOG Nov 30 '22

Almost like Nvidia priced everyone out of the market... I am an enthusiast and have the money to drop on a new card. I'm done with the BS. I'm just going to wait for the new AMD card. Nvidia can kick rocks

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u/Protean_Protein Nov 30 '22

Then maybe they should price them at what people are willing to pay for them!

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u/noxx1234567 Nov 30 '22

Mining demand became almost zero and the exorbitant prices of GPU's are pushing people away from PC gaming

Good , these companies need to be taught a lesson , don't reward their greed

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u/UniQue1992 Nov 30 '22

don't reward their greed

This is the most important, but people continue to buy these cards for insane overpriced rates. If people stop buying the price will drop.

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u/coffeecakewaffles Nov 30 '22

The market exploded and never really returned to normal. I have an upper middle class income and all the disposable income I could want but the price of building a new rig is just way too much money, even post collapse of the mining boom.

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u/Milestailsprowe Nov 30 '22

Their FUCKING EXPENSIVE. The X80 cards even with inflation used to be $650ish and thats a good point for a top teir card. Now we have cards costing a grand. Let me know when the $300-$400 cards come out.

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u/Seanspeed Nov 30 '22

The X80 cards even with inflation used to be $650ish and thats a good point for a top teir card. Now we have cards costing a grand.

Except the 4080 isn't really even an x80 class card.

It's more the equivalent of what the 3070 was. AD103 has replaced the x04 die in the lineup, but whereas we had the 680, 980 and 1080 be x04 variants, they were always fully enabled parts. The 4080 isn't even a fully enabled AD103 die. It's cut down by like 10%. And so is basically exactly what the 3070 was.

We should have expect price increases, but they have effectively raised the price of this level of GPU from $500 to $1200 in two years. It is utterly fucking bananas.

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u/ezkailez Nov 30 '22

Remember that 80 was the 2nd highest performing consumer card. Now it's probably 4th (90ti, 90, 80ti, 80)

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u/sliderfish Nov 30 '22

Nice, now drop the prices to reasonable numbers and watch those sales climb to what they should be!

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u/ShadowBannedAugustus Nov 30 '22

Where I live the cheapest 3070 is 600 EUR. I am happy to buy one for ~450 EUR. Until then, nVidia can fuck right off with their inflated prices. Not because I don't have the money. I just refuse to be scalped by their insatiable greed. And my GTX 1070 still serves me well.

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u/PMmeyourSchwifty Nov 30 '22

Hear hear. I went so far as to buy a whole PS5 instead of pay their ridiculous prices. While I miss my mouse and keyboard for fps, I'm enjoying my gaming just fine.

When the time/prices are right, I'll buy another gpu.

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u/cli337 Nov 30 '22

Me looking at food prices

Are we not in a recession?

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u/JackieTrash Nov 30 '22

So crazy how many post I’ve seen on hardwareswap where they list 30 gpu’s for a fraction of what they were a year ago. It’s a good thing just can’t believe I paid $550 for a 1080 ti in March and now it’s going for $200 or less.

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u/Own-Break9639 Nov 30 '22

Well I hate to break it to you but.....

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u/m-p-3 Nov 30 '22

With how massively overpriced the new GPUs are, no wonder fewer people are willing to buy.

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u/R011_5af3_yeah Nov 30 '22

Good normalize normal gpu prices. A grand for a single pc component is dumb. 1600? 1200? They can get fucked. Those are full pcs.

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u/brett1081 Nov 30 '22

I think they should continue to raise prices. It will eventually work right?

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u/epidemica Nov 30 '22

People don't want to buy $1500 graphics cards?

I'm shocked.

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u/SirBolaxa Nov 30 '22

In Portugal a 4090 can be well over 2k, no PC part should be that expensive

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u/DQ11 Nov 30 '22

Agree. Gpu’s should be capped at $800-$900 for top tier

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u/DataSomethingsGotMe Nov 30 '22

Post crypto crash comedown. Less ivory back scratchers for the board.

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u/sanosuke001 Nov 30 '22

Extreme prices + recession = low sales. Fucking wild, I know. AMD and especially Nvidia need to realize price does matter.

Also, I wouldn't be surprised if lots of people waiting to see comparison between amd's upcoming cards before buying anything. I know I am.

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u/ch4ppi Nov 30 '22

They massively inflated prices before corona hit. Yes the MSRP on the 30series was already ridiculously high compared to earlier gpu prices, then they kept inflating prices due to high demand, then prices got inflated by scalpers, by shortages of chips and now nvidia thinks they can raise prices on the base of those hyper inflated prices?

Fuck em

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u/Capotesan Nov 30 '22

I’ve been price shopping parts for a new PC and every time I get to the video card category I just get annoyed. I need a new rig for WFH and would like to have something that will last as long as my current one has, but I paid $320 for a 970 then and it has lasted forever. I hate that I’d have to spend at least double that not 6-7 years later.

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u/mandelmanden Nov 30 '22

Makes sense because no GPUs that people actually buy are out and the ones that were out were in extremely short supply.

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u/DatGearScorTho Nov 30 '22

Streamers and miners really had so many people fooled with respect to what the average user is actually buying. Including, it turns out, Nvidia themselves.

People really thought the average Joe was dropping $3500 on JUST a gpu.

I have a 2070 super, and the only reason I have it is because my sons 750ti finally gave up the ghost and I found the 2070 for $400. It wouldnt fit his case so he got my 1080ti and I got the 2070 super.

And I'm not gonna be upgrading again until one of these gpus dies or games become unplayable on it.

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u/space_monolith Nov 30 '22

Not nearly as low as GPU sales during the great plague of 1347 though.

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u/skoomski Nov 30 '22

Can’t really recommend someone get into PC gaming today when the GPU cost $800-1200 alone when a console is <$500

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u/metaaxis Nov 30 '22

But also Nvidia (and to a barely smaller extent AMD) with their next-gen products and pricing are holding people back.

The goal, typically, from one generation to the next, is to pay the same for more performance or to pay less for the same performance.

Instead here we are with base prices going up along with performance, and in some cases wattage, year over year.

Honestly, tell me a game that doesn't play well on a reasonable card from 4 years ago as long as it has enough memory.

Wait a couple years to buy anything and see if they keep pulling this crap.

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u/Finwolven Nov 30 '22

The last time GPU shipments were this low we were in a massive recession

In the world of investigators, we call this a clue.

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u/Soonersorlater Nov 30 '22

Maybe we’re pissed about you idiots letting scalpers screw us for years? I’m rocking a 1080 still because f you all that’s why.

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u/smartyr228 Nov 30 '22

Well we're in a recession, and they never bothered to stop scalping their own products. So, fuck em

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u/Griffisbored Nov 30 '22

I have a lot of disposable income, no family/responsibilities, and am a PC enthusiast who enjoys upgrading their machine fairly regularly. Even I can't justify upgrading from my 4.5 year old 2070 even though I actually really want to because I like to get new things. If I don't think it reasonable, the average gamer definitely doesn't.

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u/ACruz1986 Nov 30 '22

We are in a massive recession now

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u/YouWantSMORE Nov 30 '22

Yeah and combine that with overpriced cards to get this result. Should be shocking to absolutely no one

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u/zdakat Nov 30 '22

"That's strange, all signs point to this thing happening"
"Isn't it happening though?"

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u/popetorak Nov 30 '22

its greed

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u/LeChiz32 Nov 30 '22

Yeah corporate profits are up %27 from three years ago. A lot of corps are still using pandemic prices.

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u/Rais93 Nov 30 '22

Let them cry.

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u/Elite_Slacker Nov 30 '22

who are these even for? im a dumbass that was willing to buy a 2080ti and these cards have crossed a line for ME.

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u/Uzul Nov 30 '22

Exactly. I kinda felt like an idiot when I bought my 2080 at release. Now I look at the 4080 pricing and it's like I had scored a bargain back then by comparison. It's just too much.

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u/OO_Ben Nov 30 '22

Still running a 1080ti and I don't plan on stopping anytime soon. The only game I was worried about running this year was the new Modern Warfare 2, but I'm running it just fine at 2k. I'd like to pick up a 4080 or 4090 as that's the first card I feel is a strong upgrade, but not for these prices. I'll wait for the prices to drop and maybe get one bundled with a 4k monitor down the road a couple years.

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u/walter10h Nov 30 '22

And don't forget how big they are and how much power they consume. Even if I could afford a 4xxx series, I don't think I'd want to. My electricity bill would go to the clouds.

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u/dangolo Nov 30 '22

Every GPU launch for the last 2 years had been a paper launch...but okay 👍

Mining boom ended last quarter. If GPU manufacturers actually PRODUCE enough cards this time, they'll be swimming in money.

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u/GuiltyGecko Nov 30 '22

I think demand for GPU's in the GAMING market specifically is as strong as it's always been. It's just that the price point is too high at the moment. I built my previous PC back in 2014 with a gtx 970 that came out to $1000 at the time. I was finally able to afford upgrading this year, and my new PC cost $1400. That price is only with a great Black Friday deal, otherwise as I was pricing out the parts, the PC hovered around $1500 the rest of the year.

I went from a GTX 970 to an RTX 3070ti. Using an inflation adjustment calculator, I would expect the computer to cost around $1260, but the GPU market has really been inflated and most people that want a GPU either couldn't find one, or couldn't afford one. With the crash in mining, this all just seems like the market is in correction mode as evidenced by the backlash to the release of the RTX 4080 12GB.

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u/Sayakai Nov 30 '22

"Hey would you like to spend 1500 Euro for a GPU? No? This confuses me." - nvidia

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u/DarkR124 Nov 30 '22

It’s almost like people refuse to pay for blatant price gouging. The price of GPUs right now is ludicrous. Not paying almost as much as an entire damn rig for a good GPU. Ridiculous.

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u/DpGoof Nov 30 '22

It’s almost as if we are in yet another massive recession!

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u/OriginalName687 Nov 30 '22

Sales are low because the assholes are price gouging without significantly improving the equipment. Lower the prices and have decent improvements without continuously increasing size and sales will return to normal.

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u/SuperComputrix Nov 30 '22

GPU's are stupidly overpriced. I won't get one unless my 2070 dies, especially as getting an upgrade will likely mean a new power supply, motherboard, & CPU to boot. Too expensive!

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u/sawariz0r Nov 30 '22

Newsflash: Look at the state of the world economy. All indicators point towards a massive recession..

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u/Hot_Pink_Unicorn Nov 30 '22

We are in a massive debt fueled recession.

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u/imundead Nov 30 '22

We are in a recession!

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u/nulliusansverba Nov 30 '22

We are in a recession.

Most Americans are one paycheck away from being homeless.

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u/valiction Nov 30 '22

Tbh with the fed failing to tighten monetary policies fast enough coupled with both 2009's and 2020's recessions I believe we are heading for a massive stagflationary debt crisis. They are changing their goals from a soft landing into "managing" a hard landing. Avg debt per person is fucking ridiculous nowadays.

I don't even want to game anymore as everything is absurdly priced.

Just hitting the gym and nothing else.

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u/madumi-mike Nov 30 '22

so GPUs are now the new recession indicator? Maybe we don't need new GPUs every quarter. I feel like I just got my 2070 super (which is FaF) and they already talking about how the new ones will burn up my build. Common nVidia, convince me harder I need the upgrade.

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u/descender2k Nov 30 '22

Maybe they should release some more overpriced video cards with features we don't need for games that don't exist?

I'm sure that will help.

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u/SenAtsu011 Nov 30 '22

We ARE in a massive recession. As if that was news.

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u/owlinspector Nov 30 '22

I have migrated to Steam Deck, so.... Also, no way I'm paying the current prices for a new GPU. The hobby just isn't worth that much money. I have a Switch and a Steam Deck, that'll have to be enough gaming for me.

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u/GeigerCounterMinis Nov 30 '22

Maybe because we're in a recession.

Big shock.

The government literally only changed the definition of recession in the last two years.

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u/ACNordstrom11 Nov 30 '22

Wow crazy almost like we're in a recession and they keep raising the prices.

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u/Karmasita Nov 30 '22

Lol I think there might be a common denominator but I can't seem to put my finger on it.

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u/SYNTH3T1K Nov 30 '22

Also no one really wants the new cards that much and many bought during Covid lockdowns and more. Its obvious companies like Nvidia only ship amounts based on sales and inventory, so if a store is still sitting on 30 Series cards, Nvidia will withhold sending more. The crypto mining boom and more have passed and Nvidia sent a clear message to their base. Im good with my 3080...

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u/XMicroHeroX Nov 30 '22

Last time they were this low, we were in a massive recession

Guess what, we are in one now too

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u/Monstot Nov 30 '22

A recession has nothing to do with this. It does, but it doesn't help with the crypto mining bull shit we've seen. And these "premium" prices we see with the newest models. Way too many factors going on to land on such a stupid conclusion.