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PowerColor Graphics card Sales Cave in - sells 80% fewer video cards than previous month
Back in April, there was word that a large shift is happening in the cryptocurrency market, and that the demand for graphics cards to mine, would be going on the decline. DigiTimes now reports that this is now starting to hunt at the graphics card players in the industry
Let's face it, both NVIDIA and AMD have been benefitting from the mining craze intensely with huge reported record revenues in GPU sales, but what happens if the demand drops? Well, what goes up, must come down. That's exactly what is happening right now, the BitCoin, for example, is dropping in value fast, reports DigiTimes.
A sudden decline in demand for mining graphics cards in April caused TUL's revenues for the month to drop by a massive 80% sequentially to NT$280 million, the lowest since May 2017. The other Taiwan makers had scored revenues from motherboards, servers and notebooks in the month, making their actual declines in revenues from graphics cards sales hard to figure out.
Earlier, both Nvidia and AMD conservatively estimated that demand for mining graphic cards would slow down and their revenues for the second quarter may decline markedly. Accordingly, industry sources said that supply chain partners may no longer see significant revenue growth in the rest of the year following April 2018 and may even suffer sharp revenue drops.
Although Nvidia and AMD may debut new-generation graphic cards in July, but expensive prices, limited growth in demand from the gaming market, and how long the mining demand will last will significantly affect the revenue and profitability performances of both companies and their supply chain partners, industry sources claim.
PowerColor to Demo Radeon RX Vega 56 Nano Edition At Computex - 05/15/2018 03:33 PM
PowerColor has sent out a press release indicating what they'll be showing off at Computex, they will show off the Devil Box and gaming station external solutions, but also the earlier discussed R...
PowerColor Teases Radeon RX Vega Nano - 04/19/2018 04:07 PM
Over at an AMD Munich Event covering Ryzen 2000, there has been a surprise showcase of a Vega card still under wraps, it's a Nano. The smalle single fan sized 17cm (Mini ITX) form factor card was ca...
PowerColor Announces RX Vega Red Dragon Vega 56 - 03/22/2018 09:16 AM
TUL has introduced the newest PowerColor Red Dragom RX Vega 56 8GB HBM2. This card complements the already successful Red Devil Vega cards offering a more value solution in a environment of rising pri...
PowerColor Red Dragon Series Radeon RX 560 Graphics Card - 01/15/2018 10:32 AM
I hadn't spotted this one before, PowerColor seems to have outed another Radeon RX 560 for the masses. As part of the ‘Red Dragon’ series, this graphics card is packed with 1024 ...
Review: PowerColor Red Devil Vega 56 (8GB) - 12/16/2017 11:52 AM
We take the first custom Vega 56 board for a test spin. In this review, we take a devilish PowerColor Radeon RX Vega 56 with 8GB graphics memory for a spin. The 56 is arguably the more affordable grap...
Agonist
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Joined: 2008-10-13
Senior Member
Posts: 3088
Joined: 2008-10-13
#5549712 Posted on: 05/24/2018 03:38 PM
Ironically, you still cant get used GPUs at even MSRP, let alone new ones.
A-holes wanting $300+ for mined on RX 480s/580s and I have only seen 1 Vega64 for sale locally for $700 used.
I dont care about Nvidia prices and gpus toll they support Freesync.
Ironically, you still cant get used GPUs at even MSRP, let alone new ones.
A-holes wanting $300+ for mined on RX 480s/580s and I have only seen 1 Vega64 for sale locally for $700 used.
I dont care about Nvidia prices and gpus toll they support Freesync.
Embra
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Joined: 2014-11-19
Senior Member
Posts: 1140
Joined: 2014-11-19
#5549723 Posted on: 05/24/2018 04:15 PM
Prices are all over the place(brand new cards). Vega 56 is 499-819, Vega 64 is 599-899 and 580 are 310-360 (8gb) at a major retailer right now. (USA)
Prices are all over the place(brand new cards). Vega 56 is 499-819, Vega 64 is 599-899 and 580 are 310-360 (8gb) at a major retailer right now. (USA)
Silva
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Joined: 2013-06-04
Senior Member
Posts: 1440
Joined: 2013-06-04
#5549729 Posted on: 05/24/2018 04:42 PM
I'll be waiting for the "next gen" as I'm not interested in 2 yo mined GPU's and OP BS.
I know memory price will make the new series more expensive, but hopefully one can get them new at MSRP.
I'll be waiting for the "next gen" as I'm not interested in 2 yo mined GPU's and OP BS.
I know memory price will make the new series more expensive, but hopefully one can get them new at MSRP.
Stairmand
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Posts: 258
Joined: 2007-07-25
Senior Member
Posts: 258
Joined: 2007-07-25
#5549737 Posted on: 05/24/2018 05:02 PM
I sold on a couple of my cards last month. I owned a 1080 since release week, 2 years later I've sold it for only £80 less than I paid. Sold a couple of RX cards at a small profit.
I sold on a couple of my cards last month. I owned a 1080 since release week, 2 years later I've sold it for only £80 less than I paid. Sold a couple of RX cards at a small profit.
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Maybe some good deals ahead?