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- According to a new report, Nvidia has overstocked the RTX 50 series.
- This inventory continues to pile up because of a massive decline in sales.
- Now, it seems like there will be some massive price cuts on the RTX 50 series this month.
Nvidia received a lot of criticism when it revealed the initial lineup of its RTX 50 series graphics cards. While the backlash was intense, it still managed to reach a valuation of $4 trillion, becoming the most successful company in the world.
The tech giant is now focusing mainly on AI, something the gaming fandom isn’t too fond of. Nvidia now aims to focus primarily on improving AI, but this seems to have backfired as the tech giant is reportedly planning aggressive price cuts of its RTX 50 series due to poor sales and oversupply.
Why it matters: Nvidia is the top company in the world, so having a massive supply of one of its main products is to be expected. However, the company may not have anticipated low sales, which could lead to discounts.
According to Boardchannels, via Chiphell, the RTX 50 series GPUs have been stocked above the ideal levels. This happened mainly because of low sales and continuous supply.
Graphics card manufacturers across various brands may soon begin adjusting prices. Some have already begun preemptively adjusting the cost of the RTX50 series by the end of the month, aiming to help distributors achieve their IN targets in the final days of July.
According to the insider, the sharp drop in terminal sales has led to declines in retail and wholesale prices. Due to the overstocking, the industry experts now expect the manufacturers to lower their prices throughout August.
According to experts, this would help them maintain liquidity and prevent another sharp decline or, in the best-case scenario, stabilise the sales.
Usually, the series of GPUs released for that generation are sold at a much better price in the Q3 and Q4 of that timeline. Now that the company has reportedly overstocked the cards and there is lower demand, it is likely that we will witness some massive discounts this month.
However, since this information hasn’t been officially confirmed by Nvidia, we recommend taking it with a grain of salt.
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[News Editor]
Obaid is pursuing a Law degree while working as a content writer. He has worked as a gaming writer for over three years because of his passion for the medium and reporting the latest updates in the industry. Having played hundreds of games, Obaid finds himself coming back to Elden Ring, Cyberpunk 2077, and Red Dead Redemption 2, with these games being among his favorites. He has also been mentioned on highly regarded websites, such as Wccftech, Metro UK, PS Lifestyle, GamePressure, VGC, and Gamespot.
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