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Discrete GPU Sales Plummet to Historic Lows

posted by hubie on Saturday December 31, @07:43AM   Printer-friendly
from the grim-picture-for-whom? dept.

upstart writes:

Discrete GPU Sales Plummet to Historic Lows:

If you've been looking at the GPU market recently and thinking, "nope," you're not alone. Jon Peddie Research has released its year-end summary, and it paints a grim picture: Shipments of discrete GPUs have fallen to levels not seen in almost 20 years. It's an unexpected situation given the recent deluge of GPUs in the channel thanks to the death of crypto. Plus AMD, Nvidia, and Intel have released all-new GPUs this year too. Despite the bounty of silicon at their disposal, gamers are just not buying GPUs right now.

[...] The reasons for the steep decline in GPU shipments aren't perfectly detailed in the summary. However, we can make a few guesses. This entire year has seen a rapid slowdown in the PC market as the pandemic began to fade. People went outside again and turned off their PCs. There's also been increasing economic anxiety for most of the year as well. This has been punctuated by mass layoffs at major companies recently, such as Meta and Amazon. Additionally, a lot of PC upgraders held off in the third quarter in anticipation of all the new hardware coming out.

Many people might have examined the new CPUs and GPUs and concluded prices were too high. This issue has affected both AMD on the CPU front and Nvidia on the GPU side. AMD had to dramatically lower Zen 4 prices for Black Friday and has largely kept them in place. Nvidia hasn't lowered prices, but so many scalpers tried to return RTX 4080 cards that Newegg halted refunds for them.

Tom's Hardware summary of the report

Original Submission

 
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  • (Score: 4, Interesting) by Rosco P. Coltrane on Saturday December 31, @10:40AM (8 children)

    by Rosco P. Coltrane (4757) on Saturday December 31, @10:40AM (#1284515)

    It's not a pyramid scheme - or even a Ponzi scheme - in the strictest sense, as many people seem to think. But it shares a lot of characteristics with those classic schemes. That's why it should have been particularly obvious to most everybody from the inception of Bitcoin that a lot of people were going to lose a lot of money at some point if it even became widespread. It did, and they did.

    The only silver lining here is that it took long enough to collapse that honest investors saw it coming and pulled out in time (or never gambled to begin with), and the only true losers at the end are overly greedy people who knew exactly what they were in for.

    I've been saying cryptocurrencies and NFTs were a scam years before it became fashionable to say so on SN or /., and I've been downmodded countless times. Until recently.

    Starting Score:    1  point
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  • (Score: 4, Interesting) by Thexalon on Saturday December 31, @11:57AM (6 children)

    by Thexalon (636) Subscriber Badge on Saturday December 31, @11:57AM (#1284523)

    It's better described as a classic bubble: The income promise was that you'd find an even bigger sucker to buy the thing, even though it wasn't really worth all that much.

    --
    The only thing that stops a bad guy with a compiler is a good guy with a compiler.

  • (Score: 4, Insightful) by r1348 on Saturday December 31, @12:31PM

    by r1348 (5988) on Saturday December 31, @12:31PM (#1284524)

    It's a greater fool scheme with a pyramidal development similar to multi-level marketing.