Nvidia reduces revenue prediction due to video card demand.
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rl66
bobmitch
Nvidia catered to miners last gen. Frankly....my heart isn't breaking for Nvidia. I have money put aside for an upgrade....and frankly, I will give AMD first shot. I dumped Intel for Ryzen 5950X and never regretted it. Nvidia got greedy and AMD did what they could to keep inventory flowing. I hope AMD doubles their revenue in the next few years.
Hog54
Hey miners,enjoy those 40xx cards because I aint buying any.:):)
And good luck paying your electric bill mining with 4090s.lol
alchemystn2o
Intel, AMD, & Nvidia at the end of day are giant corps. They are not your friend. Just which one is the "lesser evil" and currently (imo) is AMD. Vote with your wallets.
Aura89
Loobyluggs
In other news, leather jackets have gone up - funny how the two are related.
bemaniac
Won't be spending 3090 money on a 4090 given how 2 years ago I got a massive bonus to try working from home and this year I have triple electric prices and high interest payments.
They'll be lucky to get normally a high end buyer such as myself to spend more than £800 this year.
bobnewels
Cheap GPU's for everyone.Well it is a good thing,seen some low prices especially on AMD side.
Maybe new lineup RTX 4xxx's will be cheaper by a couple hundred bucks also.
Thank's to the miners for low prices all around.
H83
But Nvidia told everyone, including shareholders, that miners were just an insignificant part of their revenue, i don`t understand...
Seriously, it serves them right, thinking that the crypto craze would last forever.
And like others have already said, despite the fact that cards are already "old", that inflation is going up like crazy and that miners have disappeared for the near future, they still refuse to lower their prices!!!
It`s like their cards are made of gold!...
TheDeeGee
I'll take a 3070 of your hands for €400.
Denial
mtbiker033
🙄
Crazy Serb
Dragam1337
southamptonfc
I have Nvidia stock but screw them. They supported and profiteered from the crypto craze and will do so again in a heartbeat if crypto recovers.
toyo
Why is it so hard to say "we expected to sell most stock to miners"?
Everyone knows what's going on. So why lie? Come clean, apologize, and make up by selling to gamers at previously acceptable prices, i.e. the Maxwell era.
KissSh0t
Nvidia is being inaccurate on purpose with the words they are using... "Gaming" revenue is up................. "Crypto" revenue is down, that was how large a leech crypto has been on video cards intended for the purpose of playing Video Games.
When I say nvidia was balls deep in crypto that is also not accurate, Nvidia crawled head first into that coochie and is now being born for a second time and discovering a whole new world while they're at it.
Venix
JiveTurkey
Much like Patrick Rothfus third book, "Sympathy not found."
bobnewels