I thought there was a GPU/chip shortage? How could this happen?

I thought there was a GPU/chip shortage? How could this happen?

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The chip shortage was just an excuse for Nvidia, AMD and AIBs to screw you.
There may have been an actual small period of time where there was a shortage but the majority of the time high prices where their because they know gullible and irrational gamers would pay the price.

Quit acting like these companies are your friends and they prices are always excusable.

zozzle

Unfortunately a bunch of scalpers losing money won't stop others from doing the same shit all over again next year.

Yeah
Scalping is a speculation game now.
It's not just recognizing there is excessive demand with an insufficient supply, it's trying to predict the next thing to be in high demand.
Actually don't have much issue with the scalping of consumer products but acting on speculation and actually causing a shortage where there wasn't one before I find reprehensible.
I hope these idiots get burned.

Same thing happened to CRT's. I just watched one go from $200 to $40 over the course of 6 months

this

What happened? Is this a scam?

>Scalping is a speculation game now
When was scalping ever not speculation?

>When was scalping ever not speculation?
When a product was released and scalpers where not there immediately.
Scalping traditionally is a symptom of lack of supply, it comes later after a product was released when it's found out that there isn't much to go around.

Scalping however has moved on to making assumptions and speculating that some hot item will be in short supply and immediately attempting to buy up supply on release to corner the market before actually accessing if something is in short supply.
If enough idiots actually do this you may end up In a situation where there was enough supply to cover legitimate buyers but not enough to cover buyers AND scalpers, thus creating a storage that may have not materialized of scalpers never got involved.
Thankfully as things recover these bets are becoming risky.

Ethereum mining don't pay what it used to, energy prices too high.

Should have stuck with PS5 scalping, those are still 2x MSRP, and next gen cards will be scalped for at least a year after they come out. Just hope crypto mining doesn't take off again.

>where their

didn't read, maybe you should go to biz?

>I thought there was a GPU/chip shortage? How could this happen?
They caused it retard.

nvidia definitely, however amd got burnt so hard by mining drying up before I am not sure they leaned into it, were selling shipping containers directly to mining ops. you have covid lockdowns and chip shortages that sees auto manufactures unable to make cars (largely their own fucking fault) and world wide capacity is 100% tapped, even if you want to make something you cant buy processes

it takes time for anything to ramp up, amd and nvidia both decided to only manufacture higher end parts because everything they made sold. covid lockdowns saw a resurgence in the desktop, gaming was a massive thing for a while with peoples new found enforced home time, and mining fucking boomed.

now we are on a down turn, intel is getting in soon with their gpus to fill supply needs, and everyone had time to ramp production. with the gpu mining fallout, nvidia saw quarterly revenue halve, this isn't 'oh they didnt sell as much' no, this was directly miners were not buying everything they made anymore.

so we are now getting gpus, and it will be a while before prices normalize.

as for op, its likely the bought the gpus at inflated retail prices to sell at even more inflated 'I can't get anything so I will buy what I can get' prices, now that retail is starting to get ballpark msrp, that 3060 ti they got for 900$ and were going to flip for 1200$ now costs 600, not to mention other higher end skews.

etherium is going toward proof of stake rather than work, and unless something surplants it as a valid mining crypto, gpu mining will be dead for a while.

they will likely try to flip cards soon or transition to a new coin in hopes its worth it, once thy flip cards, the gpu market will do what it did with the 200 amd series where a 650$ gpu gets sold in the 200-300$ range because of the glut of availability, and even the next gen gpus will get impacted by that glut, and then the gen after that will still have pricing fucked because it cant compete with value.

my bet is this, unless silicon production full stop halts, the next gen gpus are going to go in amds favor with nvidia holding a flaming shit bag, because they are looking to re release the current 3000 gpus and tack on actual next gen monster core gpus.

report scalpers to the IRS, he'll lose everything.

> we can't have any cool big release anymore without scalpers ruining it all

i miss when the internet wasn't so widespread

this shit wouldn't happen so easily if there was no ebay and shit

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>I thought there was a GPU/chip shortage?
so you believed jewish lies again? damn bro your stupid

>When was scalping ever not speculation?
When scalping targeted limited production items, like tickets.