The old is new again. Chipmakers continue to sound the alarm over shortage continues until 2021, so Nvidia plans to release shares of their older GTX 1050 Ti and RTX 2060 to compensate for global GPU shortage.
In another statement PCWorld, which originally broke the news, a spokesman for Nvidia confirmed that it has again released the GTX 1050 Ti and RTX 2060 to board partners, so that they can release new hardware. The spokesman noted that the GPUs were “never EOLed [end-of-lifed]”And that Nvidia was just” meeting market demand, which is still extremely high. ”
So why turn to old, no doubt outdated graphics cards? While Nvidia impressed everyone last year with the new GPUs in the 3000 series, the subsequent chaos after the launch meant that most people could not get one. Some of this can be attributed to global problems in the supply chain that the pandemic has spurred, but shell card scalpers also made the problem worse as robots intercepted the coveted GPUs to be resold at ridiculous prices. After an RTX 3080 reportedly sold for one spooky $ 70,000 on eBay, a Gizmodo investigation found that the GTX 3080 was the heart of a legitimate civil war fine there pissed off users shot back at scalpers to increase prices and hopefully get their listings deleted. In October, also Nvidia pushed the launch back of RTX 3070 to avoid further anger among customers.
According to PCWorld, trotting out the older GPUs is a smart move because they can be produced using established process technology, thus reducing costs. In the case of RTX 2060, a card that supports ray tracking and first launched in 2019, Nvidia will spend less while getting a relatively current GPU in the hands of manufacturers. The GTX 1050 Ti, meanwhile, is significantly older—it was launched in 2016—but it is still able to handle less demanding games or meet the needs of newer PC gamers. Another advantage is that the GTX 1050 Ti is equipped with older GDDR5 VRAM, making it incompatible with Ethereum cryptocurrency mining, which requires more than 4 GB of built-in memory. Because yes, people who are trying to make money on the cryptocurrency bubble right now is also exacerbates GPU deficiency by intercepting newer, more powerful models.
At the same time, this “solution” is not as affordable for consumers as it may initially seem. The GTX 1050 Ti was launched for $ 140 in 2016, but is currently going online for upwards of $ 200, with some reaching prices over $ 400. RTX 2060 is even more expensive, sells for over $ 700 when the launch price was $ 350.
Chip shortage is troublesome enough that even the Biden administration has promised to take action. Bloomberg reports that Biden is expected to sign an order for a government-wide supply chain review, after leaders in chip companies such as Intel, Qualcomm, and AMD wrote to the administration asking for support. Nevertheless, it is not likely to immediately resolve the current deficiency.
In the meantime, you probably need to keep going a keen eye on prices and trust luck. IIf your current setup is included, you might want to try to stay zen about it all for a while longer.