Following Nvidia’s disastrous earnings report, the company seems desperate to sell its existing RTX 20 and 30 series GPUs as soon as possible. Graphics card prices have plummeted this week. EVGA Store When new egg shuffle (opens in new tab) lead the assault. This suggests that Nvidia is prepping an RTX 40 series launch for the foreseeable future, with partners looking to clear their inventory.
The EVGA store has a number of Nvidia’s RTX 30 series GPU models for sale. Flagship AIB partner models such as the 3080 FTW3 Ultra Hydro Copper and other his FTW3 models are priced very close to the GPU’s official suggested retail price. Several other models, including the RTX 3090 Ti, 3090, and 3080 Ti, are priced well below their MSRP. EVGA offers a 42% discount on most 3090 tier cards.
Some of the discounts changed last weekend and some cards are currently out of stock. Perhaps the most surprising discount is from the RTX 2060 6GB. The price of this GPU has dropped to $239.99. That’s only $5 more than the smaller GPU. Looking at the GPU benchmarks, it’s significantly slower than its sibling, the GTX 1660 Super. In our tests, the 2060 was about 25% faster. It’s also worth mentioning that the RTX 2060 12GB variant was on sale for $249 yesterday, but is now at $319.
of new egg shuffle (opens in new tab) There were also great deals with the Asus RTX 3080 Ti Tuf model for $833, the Zotac RTX 3080 Ti Extreme model for $839, the RTX 3070 Tuf for $515, and the RX 6600 Dual for just $249. All prices include promo codes posted on each listing, but of course you had to be lucky to get a GPU at these prices.
Nvidia’s provisional financial loss for Q2 2023
Nvidia’s 2022 financial revenue stream doesn’t look good. In its recent preliminary earnings report, the company announced that its gaming revenue fell a whopping 44% quarter-on-quarter. Total revenue he fell from $8.1 billion to $6.7 billion, down 19% quarter-over-quarter, while gaming revenue plummeted from $2.04 billion to $3.64 billion.
This impending loss of funds is the result of the 2022 cryptocurrency crash. As a result, demand for Nvidia’s GPUs has dropped significantly. Just when supply started to improve, the company was left with a surplus of parts that would soon become obsolete. Nvidia CEO Jensen Huang has announced adjustments to channel pricing for his gaming partners. This is to counter the decrease in GPU demand. This is what you are likely to see from EVGA and others.
It looks like Nvidia still has a 2022 release window for the RTX 40 series, which also explains that the 30 series will likely be heavily discounted in price sooner or later. Rumored to launch perhaps in September, it makes sense to clear out existing inventory in preparation for these cards.
But don’t expect the cheap RTX 40-series GPUs to be priced any time soon. Many gamers are likely still looking to upgrade, and the new Nvidia Ada architecture looks very promising. Nvidia has pre-ordered a number of his TSMC 5nm wafers at the height of the global GPU shortage in 2021, but these wafers will be allocated to data center and mobile components to maintain average selling prices. There is a possibility that it will be However, even the launch of the RTX 40 series doesn’t seem to make up for the pending quarterly results.
