nVidia loses over $100 billion dollars in valuation. Is RTX Gaming GPU's that bad?

I don't think they're bad. I'd love to have one. They cost too much though and that's the problem.

The cost vs performance is the issue. I don't think Ray tracing was ready for the limelight also. They should have held off atleast another 2 or 3 years before pushing it forward at an affordable price

The cards are great when they work. Best cooling I've seen in a stock card.

The lack of a competitor is an issue.

Not enough of a performance boost for the money. They've sat back on their laurels because there is no competition and they have broken the pricing ceiling for most enthusiasts.

It's a bunch of issue's really

1) Mining craze is dying out

2) Loads of second handed hardware on the market for peanuts.

3) GPU prices are beyond high while demand is far lower = rip market

4) New features are non existent in current software which makes the need to get those features to play a game absolutely abysmall. Also most people can't even see the difference even remotely between it on and off for the performance trade off. It's a joke.

5) No advancements in games that require faster GPU's. Anybody that sits on a 1060 or 970 or even a 780 can still play every single game to this day without issue's and that's what counts for most people. The high end market is probably also not caring much with there 1080ti's they payed a fortune for.

6) Terrible PR for the company, anti consumer practices all day long. Getting completely destroyed by most news outlets with there anti consumer nonsense also leaves a sore taste.

7) Bullying company's that sell your products to make new company's just for them. Also really helps them, not.

Yea what could possible go wrong.

The only reason Nvidia got this greedy is because AMD unable to compete. The new cards cost too much, Ray Tracing is still a gimmick and its actually good, now is the chance for AMD to strike.

Price vs performance is horrible to be honestly.. I am sitting at a 2,5 year old 1070 card that can still run everything fine, so have absolutely zero reasons to upgrade! Might be the next generation of consoles will push the boundaries for what hardware you need

"No, it's not that bad just priced too high and performance jump isn't great compared to Pascal" and Nvidia has no competition meaning they can price RTX as high as they want to. As a 1080Ti owner, I find no damn reasons to upgrade to a RTX unless I really care about 4K, then I would buy 2080Ti for 4K only. It's not the worst GPU launch, just disappointing. Don't get me wrong, Raytracing is cool and all, but it has a long way to go and until the tech has mature enough, then RTX isn't worth purchasing now but later on.

I'm pretty sure it's only as bad as it is because it's a stock comparison versus when cryptomining was huge. I don't think it's doing terrible just because of RTX; it's because it was going to be that way no matter what.

This and DLSS also turned out to be crap in its current state. The idea was novel but the implementation isn't there yet. They shouldn't have included tensor cores. On an unrelated note, certain angry cows are going to b here soon.

Performance in general is plateauing across the board. This is why Nvidia saw the need to push Ray-tracing because performance jumps that were common in past revisions/generations are not going to happen unless some new revolutionary technology is discovered.

Well, I for one don't give a shit about it as long as the prices are unacceptable. If it means I wont have ray tracing in the next 5 years, so be it. My 1070 is still kicking ass.

Perhaps, they mistook the PC gamer crowd for the university faculty crowd who don't mind mind spending at least $2k for a Quadro card.

$14k for an Nvidia Quadro GV100 card? Suuuure. No problem.

@undefined: the price is the only thing bad about the RTX 20 series. Performance is still the best on the market and there are performance gains across the board from pascal. At this point in time it isn’t worth buying a Turing GPU based on the current prices.

I don't think we can blame solely the RTX release and performance for their drop. There's a lot of bad stuff going on with the market in general (like, for everyone), in addition to, as others have said, the drop in crypto mining, the abundance of used cards out there for cheap, and so on.

I agree, but they won't.

Their new cards (3000 series) are giving us GTX 1080 results.

I don't want AMD to fail, but damn...that's some fail. Waiting for a card that gives 90% of the performance of an RTX 2080 at 75% of the price (and without the superfluous ray-tracing tech b/c who really wants that right now?)

100 billion in valuation? Are you sure cause i highly highly doubt nvidia is worth that much. 100 billion in valuation lost maybe just maybe only Intel can take it and survive that since i doubt nvidia is valuated anywhere near 100 billion let alone lose that much

As for the reasons for valuation lost is crypto mining craze ended and disappointing RTX launch

Lost 100 billion dollars in valuation? Are you sure this number is correct? I doubt the whole Nvidia is worth more than 30 billion.

Mining craze dying, the price performance ratio is horrible for the new cards. Still, I bought RTX 2080 to replace 980Ti SLI and I get better performance in about every damn game except for 3DMark benchprogram.

Ray tracing performance is horrible, but I didn't expect anything else. This tech needs a few years. If AMD picks it up as well, I expect to see extreme increase in focus on it from software perspective and hardware perspective.

The drop though. Isn't Nvidia back to where they were before the mining craze?

Considering performance isn't all that much better and the demise of BitCoin and other cryptocurrency devaluations, it's possible that the demand isn't as high as it once was.

But pardon me $100 billion....might wanna double-check your source.

They are right. Nvidia is currently at 81ish billion compared to 180B in Oct.

Atm RTX cards are crap. Performance boost is very minor and card quality... what quality? There is no quality in those cards. Almost half are broken.

RTX was a mistake

@pc_rocks: Holy molly, didn't know they were praised that high. On the other thought, they must sell a lot of chips for the mobile market. Desktop GPUs alone wouldn't get them that high value.

I kinda agree. Nvidia has been using bad pricing strategies lately. Crypto currency boom made them greedy and they lost some connection with reality and now they are paying the price for it. I hope they learn they lesson. They shouldn't imitate Apple with their overpriced brand - they are slightly better than their competition, but they charge for it more than it's worth.

In all honesty, even though I love my 1080Ti, I thought about upgrading to the RTX 2080Ti but the way Nvidia pricing it to $1200, I couldn't bring myself to push the button. The reviewers I watch from tech youtubers showing it's not worth the efforts into upgrading for those who own a 1080Ti like myself and the 2080 alone is in the same league with the 1080Ti thus overpricing it was showing Nvidia is being greedy due to lack of AMD GPU competition. So yeah, the RTX aren't the worst GPU mind you, just the prices & the performance jump isn't that glamouring except the 2080Ti.

And to make it worst, Nvidia just launch the RTX Titan for $2500, and not worth it if all you are doing is playing games on it. Might as well go buy 2080Ti over RTX Titan.

Yup, they almost used to worth as much as Intel. I think that's more to do with Deep Learning/AI community's reliance on their GPUs. Nvidia also has a division dedicated to AI and research, they really invested a lot in that.

Nvidia is being an idiot with the price of those GPUs, they bloody hell deserve it.

As much as I don't like Nvidia, their the only one's who have the higher-up GPU cards, I really don't have a choice cause I want the best of the best, but NOT for that ridiculous RTX prices they're offering right now. My 1080Ti is all they'll see from me and I think I'm set to wait out this generation and maybe the next-gen. If AMD can release something closer to 1080Ti level, I'll gladly go with AMD GPU now that I have Ryzen 7 2700X.

I heard someone say crypto-mining is dying, if true, I imagine that might make a huge difference in forecasted earnings.

I just want to have twice the performance of Pascal and I would pay big bucks for that.

Not gonna pay big bucks for RTX when

-Ray tracing is unproven

-DLSS is unproven

I doubt that is seeing the whole picture though:

-Cryptominers weren't only buying Pascal GPUs, they were buying everything

-How big was cryptomining purchases compared to the whole PC gamer market ?

yea, but just like with anything they ever do, they are going to do it by financing it on the backs of consumers, they aren't going to just perfect it and then sell it for a cheap price..gonna be a couple generations before we see it mature

Everyone agrees I see.

Its the pricing the problem. 2000 series cost 100€ more msrp than the 1000 series cards.

1070 msrp was 120€ lower than 2070 msrp.

They got too greedy. I waited a full year to get 2000 series card upgrade but ended up not buying it because msrp went up quite a lot. They should have kept 1070 price for 2070. 1080 msrp for 2080. And 1080ti msrp for 2080ti. This way it would feel like a new gpu gen. Instead it feels like a rippoff and keep people away

I actually pre-ordered the 2080 TI, but once I had some time to try it out and saw it wasn't worth the $1300 I just sold it and got most of my money back. I'm probably not gonna buy a new one until I can get double the performance of the 1080 GTX for a lot cheaper than $1300. I don't mind spending extra, but they've gotten too greedy.

It's not great, but it isn't bad. The main problem with is that it isn't selling.

Also, it's the first generation of ray-tracing support. The first generation hardware in any field isn't going to be great.

This loss has absolutely nothing to do with RTX.