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Doesn't this mean that EVGA or MSI overproduced them, and NVIDIA sold everything they made?
by p1esk 8y ago
Doesn't this mean that EVGA or MSI overproduced them, and NVIDIA sold everything they made?
- dragontamer 8y agoWith the explanation I said earlier, yes. But there are alternative sources for what is going on. In particular: https://www.reuters.com/article/us-nvidia-results/nvidia-forecasts-revenue-below-estimates-on-weak-crypto-demand-idUSKBN1L12FJ https://www.reuters.com/article/us-nvidia-results/nvidia-for... >> Nvidia previously had forecast sales for cryptocurrency chips for the fiscal second quarter ended July 29 of about $100 million. On Thursday it reported actual revenue of only $18 million. So its not entirely clear who overproduced things per se, but what we DO know is that NVidia was expecting $100 Million cards to be sold to cryptominers between April and July. Only $18 million were sold. In any case, it is clear that there's a lot of 10xx cards laying around right now. And NVidia clearly wants to extract as much value from current stock as possible. Pricing the 20xx series very high above the 10xx series is one way to achieve what they want.