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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 02:33 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 03:07 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 08:16 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 09:32 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 10:52 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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#5549712 Posted on: 05/24/2018 02:38 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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Posts: 926
Joined: 2014-11-19
#5549723 Posted on: 05/24/2018 03:15 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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#5549729 Posted on: 05/24/2018 03:42 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: 139
Joined: 2007-07-25
#5549737 Posted on: 05/24/2018 04:02 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.
Seikon
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Posts: 79
Joined: 2016-02-09
#5549739 Posted on: 05/24/2018 04:08 PM
the price for gfx's card's are all over the place atm , i just look in the online shops in romania , it's funny tbh , GTX 1070/TI and gtx1080's can be found @ MSRP , meanwhile the gtx 1050/ti are overpriced , the 1050 cost's as a 1050ti and the 1050ti is all most @ the price of a 1060 3GB before this mining madness began :/
the price for gfx's card's are all over the place atm , i just look in the online shops in romania , it's funny tbh , GTX 1070/TI and gtx1080's can be found @ MSRP , meanwhile the gtx 1050/ti are overpriced , the 1050 cost's as a 1050ti and the 1050ti is all most @ the price of a 1060 3GB before this mining madness began :/
vonSternberg
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#5549742 Posted on: 05/24/2018 04:14 PM
And so it begins. Hopefully I can grab a nice GPU in early 2019 for a decent price.
And so it begins. Hopefully I can grab a nice GPU in early 2019 for a decent price.
schmidtbag
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Posts: 4588
Joined: 2012-11-10
#5549764 Posted on: 05/24/2018 05:01 PM
At some point when ASICs end up being objectively a better choice (to my understanding, right now they aren't), I'm sure we're going to see all of these GPUs from both brands all over eBay and for pretty good prices. Assuming neither AMD or Nvidia will release a product better than a 1080Ti this year, this could be an easy way to build a powerful gaming PC for cheap. I see a lot of SLI/Crossfire setups appearing in the future.
At some point when ASICs end up being objectively a better choice (to my understanding, right now they aren't), I'm sure we're going to see all of these GPUs from both brands all over eBay and for pretty good prices. Assuming neither AMD or Nvidia will release a product better than a 1080Ti this year, this could be an easy way to build a powerful gaming PC for cheap. I see a lot of SLI/Crossfire setups appearing in the future.
vbetts
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#5549777 Posted on: 05/24/2018 05:30 PM
Since having to RMA my Fury X 3 times to them I don't think I'll buy a Powercolor product everything.
Since having to RMA my Fury X 3 times to them I don't think I'll buy a Powercolor product everything.
RzrTrek
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Posts: 2352
Joined: 2012-04-16
#5549799 Posted on: 05/24/2018 06:09 PM
Instead of blaming the miners, blame the manufactures, not the customer.
Instead of blaming the miners, blame the manufactures, not the customer.
Kaarme
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Senior Member
Posts: 1699
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#5549817 Posted on: 05/24/2018 06:54 PM
RAM prices alone ensure the video cards aren't dropping to their original price level, but they are already getting somewhere and aren't nearly as unreasonable as they were a while ago. Still, it has been a long time since I last time saw any nice special offers for any purpose. Video cards simply disappeared from stores' brochures.
Well, one thing still remains, of course: Vegas are incomprehensibly expensive. When a Vega64 costs 200 euros more than a GTX 1080, I don't know who would love it enough to get it. Or in other words, about the same money could get a 1080 Ti. Vega56 or GTX 1080 for the same price, uh huh? That just ain't right. I thought Vega56 was supposed to be the GTX 1070 beater, but in reality GTX 1070 is a lot cheaper, and even the GTX 1070 Ti is still significantly cheaper. But maybe that's just the case over here.
RAM prices alone ensure the video cards aren't dropping to their original price level, but they are already getting somewhere and aren't nearly as unreasonable as they were a while ago. Still, it has been a long time since I last time saw any nice special offers for any purpose. Video cards simply disappeared from stores' brochures.
Well, one thing still remains, of course: Vegas are incomprehensibly expensive. When a Vega64 costs 200 euros more than a GTX 1080, I don't know who would love it enough to get it. Or in other words, about the same money could get a 1080 Ti. Vega56 or GTX 1080 for the same price, uh huh? That just ain't right. I thought Vega56 was supposed to be the GTX 1070 beater, but in reality GTX 1070 is a lot cheaper, and even the GTX 1070 Ti is still significantly cheaper. But maybe that's just the case over here.
schmidtbag
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#5549828 Posted on: 05/24/2018 07:18 PM
Retailers are pricing the products based on what the largest demographic (in terms of who buys the most product) is willing to pay. As of right now, miners are the largest demographic. That being said, it doesn't really make sense to compare these products based on their gaming performance and/or demand (let's face it, if miners didn't exist, the Vega models would be muuuch cheaper than their MSRPs by now). To my understanding, Vega is better at mining than Pascal, and on top of that, Vega56 is more expensive to manufacture than the 1070. So I think the current price point makes sense. Still incredibly irritating, but I get it.
Well, one thing still remains, of course: Vegas are incomprehensibly expensive. When a Vega64 costs 200 euros more than a GTX 1080, I don't know who would love it enough to get it. Or in other words, about the same money could get a 1080 Ti. Vega56 or GTX 1080 for the same price, uh huh? That just ain't right. I thought Vega56 was supposed to be the GTX 1070 beater, but in reality GTX 1070 is a lot cheaper, and even the GTX 1070 Ti is still significantly cheaper. But maybe that's just the case over here.
Retailers are pricing the products based on what the largest demographic (in terms of who buys the most product) is willing to pay. As of right now, miners are the largest demographic. That being said, it doesn't really make sense to compare these products based on their gaming performance and/or demand (let's face it, if miners didn't exist, the Vega models would be muuuch cheaper than their MSRPs by now). To my understanding, Vega is better at mining than Pascal, and on top of that, Vega56 is more expensive to manufacture than the 1070. So I think the current price point makes sense. Still incredibly irritating, but I get it.
BuildeR2
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#5549839 Posted on: 05/24/2018 07:42 PM
Ah, I love how we are supposed to feel sorry for the companies that took advantage of a bubble that hurt the actual gaming base they have. Maybe they should get off their high horse, drop prices to near where they were before the whole mining craze and be thankful for the gamers that buy their cards. No regard for the people who have kept them alive all this time and a press release citing significant percentage losses month to month are supposed to make me feel bad for them. Boohoo.
Ah, I love how we are supposed to feel sorry for the companies that took advantage of a bubble that hurt the actual gaming base they have. Maybe they should get off their high horse, drop prices to near where they were before the whole mining craze and be thankful for the gamers that buy their cards. No regard for the people who have kept them alive all this time and a press release citing significant percentage losses month to month are supposed to make me feel bad for them. Boohoo.
Kaarme
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#5549877 Posted on: 05/24/2018 09:51 PM
AMD never publicly admitted Vega was designed for mining. They always maintained it was for gaming, entertainment, and such (in the consumer cards). As long as they stick to that, the cards should be compared to the Nvidia products in gaming cost efficiency. But yeah, if we are realistic and see things as they truly are, then you are correct.
Retailers are pricing the products based on what the largest demographic (in terms of who buys the most product) is willing to pay. As of right now, miners are the largest demographic. That being said, it doesn't really make sense to compare these products based on their gaming performance and/or demand (let's face it, if miners didn't exist, the Vega models would be muuuch cheaper than their MSRPs by now). To my understanding, Vega is better at mining than Pascal, and on top of that, Vega56 is more expensive to manufacture than the 1070. So I think the current price point makes sense. Still incredibly irritating, but I get it.
AMD never publicly admitted Vega was designed for mining. They always maintained it was for gaming, entertainment, and such (in the consumer cards). As long as they stick to that, the cards should be compared to the Nvidia products in gaming cost efficiency. But yeah, if we are realistic and see things as they truly are, then you are correct.
waltc3
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#5549881 Posted on: 05/24/2018 10:03 PM
Yes, doesn't look it to me, either. All the RX-580's (8GB) listed on Amazon are at least $100 over MSRP.
https://www.amazon.com/s/ref=nb-sb-ss-c-1-7?url=search-alias%3Daps&field-keywords=rx-580+8gb&sprefix=RX-580+%2Caps%2C132&crid=1RH5E5OF83R5O
When I see these products returning to their MSRPs (and under) then I will believe supply is abundant.
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)
Yes, doesn't look it to me, either. All the RX-580's (8GB) listed on Amazon are at least $100 over MSRP.
https://www.amazon.com/s/ref=nb-sb-ss-c-1-7?url=search-alias%3Daps&field-keywords=rx-580+8gb&sprefix=RX-580+%2Caps%2C132&crid=1RH5E5OF83R5O
When I see these products returning to their MSRPs (and under) then I will believe supply is abundant.
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Maybe some good deals ahead?