New report alleges NVIDIA Has A Stock of Over A Million Next-Gen GeForce Graphics Cards Ready For Mass Shipment To Gamers with Possible Q3 launch

[AlTech]

A report from Digitimes (via PCGamesN) alleges that Nvidia has over a million next-gen GeForce graphics cards in stock and ready for mass shipment to gamers.

 

The sudden crash of the crypto-mining scene has forced Nvidia's planned release timeline forward as sales of current gen GeForce GPUs have significantly slowed down.

 

The issue Nvidia faces is having too many current gen cards in stock and this seems to be the motivating factor for Nvidia delaying their next-gen lineup.

 

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The report comes from Digitimes sources based in the upstream supply chain. According to them, the mining market has gone stagnant since cryptocurrency took a hit, making medium sized crypto operations (these include individuals too) go out of business, while the bigger operations and related firms are cutting down on acquiring new mining machines.

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This causes inventory issues for graphics suppliers and as we reported earlier, there’s a huge stock of current generation graphics cards that needs to go away before next-gen are shipped out to the market. The issue mainly arose after NVIDIA overestimated the mining demand, overproducing current gen GPUs which are now sitting idle as demand for these cards is at an all time low.

NVIDIA’s CEO, Jen Hsun Huang, tried to resolve this by stating that the release of next-gen cards are still a long time from now. This statement might have made people waiting on next-gen parts go with current graphics cards, mitigating the inventory issues. But, recent leaks have given away the truth and NVIDIA indeed has prototypes for next-gen parts in their labs right now, but that isn’t all that NVIDIA’s sitting on right now.

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Aside from that, it looks like NVIDIA can expect some sort of relief with the inventory as China’s Sichuan province has been hit by major flooding and the region alone accounts for almost 70% of the mining operations. This led to major drops in the global mining hashrate as several mining setups have been affected and severely damaged. Now, one thing to consider is that currently, all major Taiwanese based graphics card manufacturers were expecting a 40% drop in shipments but this could change things for them. Also, a 20% drop in price was expected since anywhere other than China, the cryptomarket is declining and lots of used graphics cards are now entering the market at really cheap prices

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Despite the naysayers, and if you still manage to be optimistic, Q3 remains the strongest launch window candidate we’ve seen all year. Whether that actually means gamers can get their hands on new and improved graphics silicon before September, that much, unfortunatey, still isn’t clear.

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So yeah, at this point I have a feeling Nvidia will need to heavily discount their current gen products to be able to move enough units so that they can launch next-gen products in Q3.

 

Which of course they will not want to do as they'd like to see as much ROI as possible.

 

Source:

https://wccftech.com/nvidia-million-next-gen-geforce-gaming-gpus/

https://www.pcgamesn.com/nvidia-next-gen-graphics-card-inventory-stockpile

[WereCatf]

Should get off their arses and release the new cards already. Not that I'll be buying any of them, but I'm hoping to score a cheap current-gen GPU for my server when people rush to upgrade their stuff!

[mr moose]

So is it open for anyone to make rumours up or do you have to have a anonymous industry insider?  Personally it seems we have more rumors than news these days.  Almost like tech websites can't make enough money from actual news so they have to pad it out a bit.

[asus killer]

If having too many current or next gpus im stock is a problem i'm willing to receive as many as Nvidia want to sent me. Just PM'me for the adress day or night.

[Stefan Payne]

13 minutes ago, AluminiumTech said:

A report from Digitimes (via PCGamesN) alleges that Nvidia has over a million next-gen GeForce graphics cards in stock and ready for mass shipment to gamers.

That sounds like when AMD didn't bring Tonga because they had "a couple" of Tahitis lying around...

 

13 minutes ago, AluminiumTech said:

The sudden crash of the crypto-mining scene has forced Nvidia's planned release timeline forward as sales of current gen GeForce GPUs have significantly slowed down.

Yeah, same shit, different manufacutrer, same cause.

 

Happens all the time..

 

 

That's also the reason why we couldn't buy "the other ones", because they sat it out. Because they know that manufacturing isn't quick enough to put the number of chips out when they need it.

 

Its said that a microchip takes 12 Weeks to go through the factory...

So when the first chips come out of the factory, the demand usually is already over. This time it took a bit longer.

 

But then again, when you have like 1000% the demand you usually have, that is a problem. An whatever you do, it is wrong. You can order a million additional chips. But you won't know if one of those additional chips will ever be sold.

[Stefan Payne]

18 minutes ago, WereCatf said:

Should get off their arses and release the new cards already.

If they do that, nobody will buy the "old shit". And that is a problem...

You don't want to throw away these chips, you want to sell them as much as you can. And the  only way to do it right now is to bring the next generation later.

 

18 minutes ago, WereCatf said:

Not that I'll be buying any of them, but I'm hoping to score a cheap current-gen GPU for my server when people rush to upgrade their stuff!

See, that is the Problem for them.

You won't buy a new card anyway.
While when they don't bring the next gen, they could force you to buy a new gen. Wich would reduce their stock a bit.

[mr moose]

2 minutes ago, Stefan Payne said:

You can order a million additional chips. But you won't know if one of those additional chips will ever be sold.

It's a slow news day.  Nvidia sell something like 30Million chips a year. Having 1 million in stock before they release is nothing and they will all sell.

[Stefan Payne]

Ever heard about the "OSborne Effect"???

[mr moose]

2 minutes ago, Stefan Payne said:

Ever heard about the "OSborne Effect"???

Clearly nvidia have, becasue they haven't announced a product yet.

[Stefan Payne]

But the regular customer expects it...

[mr moose]

2 minutes ago, Stefan Payne said:

But the regular customer expects it...

and?

[Stefan Payne]

2 minutes ago, mr moose said:

and?

Market saturation...

That all limits the maximum possible cards sold and reduces them.

 

So how many cards are actually replacements for old, dead cards?

[laminutederire]

9 minutes ago, Stefan Payne said:

If they do that, nobody will buy the "old shit". And that is a problem...

You don't want to throw away these chips, you want to sell them as much as you can. And the  only way to do it right now is to bring the next generation later.

Or not... they'll probably just sell rebrands anyway.

[mr moose]

1 minute ago, Stefan Payne said:

Market saturation...

That all limits the maximum possible cards sold and reduces them.

 

So how many cards are actually replacements for old, dead cards?

It doesn't mater.   All we have is a rumor that nvidia have stockpiled 1/30 of their projected sales for the next gen card.   Hardly a ground breaking story. 

[Stefan Payne]

2 minutes ago, laminutederire said:

Or not... they'll probably just sell rebrands anyway.

Why do you think that?

They can but also can not.

[Amazonsucks]

I will enjoy watching my Nvidia stock continue to rise.

[Stefan Payne]

1 minute ago, mr moose said:

It doesn't mater.   All we have is a rumor that nvidia have stockpiled 1/30 of their projected sales for the next gen card.   Hardly a ground breaking story. 

That's the rumor...

We don't know how many exactly.

 

1. we don't know what chips they are talking about? What are they? Are they GP104? Or 106???
2. we don't know how many those Cards sell. ANd how long it would take for those to be sold
3. we don't know how many chips nVidia ordered due to the Mining boom.
4. we don't know how many chips are already in the Pipeline, on wafers or are made right now.
5. and on what are those rumors based on? How did they come up with 1 Mio? And why 1Mio?? What if they don't mean 1 but 10? or 25?
   And what if "1 Mio" just means "many many many chips person can not count"?? And that's why I'd take the 1 Mio Chips not too seriously but as "big number".

 

With that, we know that the new generation might be delayed. That they have a big number of chips somewhere lying around. But the rest only the guys at nV know who can't say...

 

[mr moose]

2 minutes ago, Stefan Payne said:

That's the rumor...

We don't know how many exactly.

 

1. we don't know what chips they are talking about? What are they? Are they GP104? Or 106???
2. we don't know how many those Cards sell. ANd how long it would take for those to be sold
3. we don't know how many chips nVidia ordered due to the Mining boom.
4. we don't know how many chips are already in the Pipeline, on wafers or are made right now.
5. and on what are those rumors based on? How did they come up with 1 Mio? And why 1Mio?? What if they don't mean 1 but 10? or 25?
   And what if "1 Mio" just means "many many many chips person can not count"?? And that's why I'd take the 1 Mio Chips not too seriously but as "big number".

 

With that, we know that the new generation might be delayed. That they have a big number of chips somewhere lying around. But the rest only the guys at nV know who can't say...

 

It's definitely a slow news day.

[Tech Enthusiast]

40 minutes ago, mr moose said:

It's a slow news day.  Nvidia sell something like 30Million chips a year. Having 1 million in stock before they release is nothing and they will all sell.

Yet it is a punch in AMDs face, since they sold how many Vegas?

I honestly don't remember the numbers, but the rumors back then pointed at sub 6 digits.

 

We can only pray that the Intel GPU will be a good alternative for the future. With three companies pushing GPUs, AMD could recover more easily. They could skip a generation, while Intel keeps the pressure up on NVidia, then come up with something amazing about 3-6 Months before NVidia does a refresh, gaining back some of that Radeon trust they lost over the years.

[laminutederire]

3 hours ago, Stefan Payne said:

Why do you think that?

They can but also can not.

Because it makes sense. Volta is just a Pascal card with tensor cores, and more cuda cores. What does that tell us? In 2 years since Pascal they couldn't do anything better than node raffining and bigger dies. That's probably what will happen here. Pascal but with more cuda cores. That'd explain why they could use older dies. That'd explain why they aren't releasing anything. Etc.

[GoodBytes]

Nvidia does not produce graphics card for gamers. They only produce select Quadro's, Titan and the Tesla models.

At the consumer market, Nvidia only make GPUs, and the "blue prints" reference design for a manufacture to use or be inspired by (i.e: make a better version of it, with higher quality components and/or better overclocking).

[Stefan Payne]

4 minutes ago, GoodBytes said:

Nvidia does not produce graphics card for gamers. They only produce select Quadro's and the Tesla models.

At the consumer market, Nvidia only make GPUs, and the "blue prints" reference design for a manufacture to use or be inspired by (i.e: make a better version of it, with higher quality components and/or better overclocking).

You forgot the Titan cards. Technically they are gamer cards.

And they also sell those in their own shop.

 

2 hours ago, Rattenmann said:

Yet it is a punch in AMDs face, since they sold how many Vegas?

I honestly don't remember the numbers, but the rumors back then pointed at sub 6 digits.

They sold all hey could manufacture, that's why the availability was so bad and the price so high.

If they had more, they could sell them to miner because it was the best Mining card. A little tweakin on Voltage (lower) and Clock (also lower) and you're golden.

 

2 hours ago, Rattenmann said:

We can only pray that the Intel GPU will be a good alternative for the future. With three companies pushing GPUs, AMD could recover more easily. They could skip a generation, while Intel keeps the pressure up on NVidia, then come up with something amazing about 3-6 Months before NVidia does a refresh, gaining back some of that Radeon trust they lost over the years.

No, because people won't buy them.

 

Tahiti has shown that even if AMD has a very good or superior product, nobody buys them. That's because everything in IT is broken and obstructed. Its not a real market, its a quasi-monopoly in every area....

[Sakkura]

Cards still aren't really selling below MSRP.

 

1050 Ti MSRP was $140, the cheapest on PCPP right now is $170.

1060 3GB MSRP was $200, the cheapest on PCPP is $230.

1060 6GB MSRP was $250, the cheapest on PCPP is $270

1070 MSRP was $380, the cheapest on PCPP is $400

1070 Ti MSRP was $450, the cheapest on PCPP is $450

1080 MSRP (after 1080 Ti launched) was $500, the cheapest on PCPP is $490

1080 Ti MSRP was $700, the cheapest on PCPP is $720

 

So you're getting ten bucks off a 1080, everything else is at or above MSRP. Especially the more affordable cards.

[GoodBytes]

34 minutes ago, Stefan Payne said:

You forgot the Titan cards. Technically they are gamer cards.

And they also sell those in their own shop

 

Yes, I did forget to mention Titan. But no GeForce

[PlayStation 2]

What bothers me more than this just being rumored shit is the way the title is titled. Who in their right mind goes from various capitalization methods in one title?