The bright side of the chip glut: Nvidia, AMD and Intel gaming cards are cheap and very available for Christmas

Wallace Witkowski

For those lucky enough to find the latest in gaming gear in recent holiday seasons, shortages have driven prices up significantly, but this year you can get the card for half the suggested retail price.

Over the past two years, many gamers have woken up on Christmas morning disappointed to find no gaming cards under the tree. in one hand.

But that changed dramatically this year. Two days before his Christmas, MarketWatch found some top-of-the-line gaming cards for almost half the suggested retail price, with a limit of five per customer.

Gaming cards from Nvidia Corp. (NVDA), Intel Corp. (INTC), and Advanced Micro Devices Inc. (AMD) were immediately available to all customers on Friday with significant discounts. For example, on March 29th he launched his $2,000 Nvidia “blazing graphics processing unit” RTX 3090 Ti, which sells for almost half the manufacturer’s suggested retail price.

Nvidia’s gaming card shopping pages typically display buttons that take you to an online retailer such as Best Buy Co. Inc. (BBY) or Newegg to complete your purchase. But with the RTX 3090 Ti (up to 5 per customer), it looks like they’re selling directly, as you can put 5 in your shopping cart and checkout immediately with a $5,499.95 tax-exclusive bill.

At Best Buy, it looks like you’ll have no trouble getting your hands on a 3090 card for $1,100, even since late September when Nvidia launched its RTX 4000 series of cards with the ‘Ada Lovelace’ architecture. Alternatively, you can get the RTX 3080 at Newegg for he $1,099 to $769. You’ll also get a $35 promotional gift card with your purchase from the card maker. Selling for $400 on Newegg, this RTX 3060 of his comes with his $60 gift of Marvel’s Midnight Suns, which was just released on December 2nd by Take-Two Interactive Software Inc. (TTWO). I’m here.

Moving on to Nvidia’s RTX 3050, you can buy up to five for the penny-shy price of $300 each, or the RTX 3080 for up to $1,900. $1,270 on Newegg? Moving even cheaper to his pre-raytracing GTX card offers a range of sub-$300 options.

If you don’t need perfect water droplet reflections while you’re blowing away bad guys, then there’s Intel’s Arc A750, available at B&H for $290. A higher grade A770 can be purchased at other retailers for around $350. AMD’s Radeon RX7900XT, on the other hand, retails for $980 at Best Buy, but we’ll have to wait until a few days after Christmas. With a suggested retail price of $899, the card is most often compared to Nvidia’s RTX 4080, which is listed at $1,200.

The price and availability changes are great for gamers, but may not be for investors. Chip stocks plunged this year as semiconductor companies went from undersupply to oversupply as .

READ: A ‘Fundamental Bottom’ Is Coming For Chips, This Stock Could Be The Biggest Winner, Analyst Says

Last November, Nvidia incurred $702 million in inventory costs due to weak demand in China. This follows on from the previous quarter, when he announced that he had incurred inventory costs of $1.32 billion to lower demand expectations. MarketWatch contacted Nvidia to ask how much of those fees was spent on promotions such as free new-release video games and gift cards, and Nvidia declined to comment.

Chip makers need to clean out old inventories as they look to move to the next generation. AMD launches next-generation gaming cards, assuring Wall Street that data center and embedded chip sales will continue to grow after PC and consumer demand collapse after two years of pandemic-fueled sales and contributed to his $1 billion shortfall in AMD’s third. Quarterly sales.

Read: Wall Street bets more on a soft landing for the chip sector in 2023

Nvidia had said it needed to cut inventory in the channel, or products already sold to retailers and “on the shelf”, to make way for new products. For example, Nvidia’s new card launched on his October 12th, and his mid-tier RTX 4080 was released just before earnings and sold out quickly.

That’s left plenty of stock in the holiday channel at a time when a wave of used graphics processing units (GPUs) hit the market amid PC shipments dropping at a record pace and unprofitable cryptocurrency mining businesses shrinking. is placed.

– Wallace Witkowski


(Closed) Dow Jones Newswire

12-24-22 1324ET

Copyright (c) 2022 Dow Jones & Company, Inc.

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