Retailer's RTX 5080 competition lets three "winners" buy the card at MSRP

[midian182]

WTF?! In a perfect illustration of the state of the RTX 5000 launch, AIB partner Colorful has teamed up with an Indian retailer for an RTX 5080 competition. But the three winners don't actually receive a free card; they get the opportunity to buy it at MSRP.

The EliteHubs x Colorful RTX 5080 campaign initially appears to be offering a free high-end Blackwell card. The fact that there will be only three "winners" of the competition further suggests this is the case.

However, what it is really offering is the chance to buy a Colorful RTX 5080 Ultra OC at its Indian MSRP of Rs. 1,10,000 ($1,263)

 

 

 

 

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A post shared by EliteHubs.com (@elite.hubs)

Checking other online stores in India shows all the Colorful RTX 5080 Ultra OC models are priced above that MSRP. This is a higher-end third-party card, admittedly, so it appears participants are getting the chance to buy it at a slightly cheaper price than usual. Still, most people expect competitions to have actual prizes, and the fact there will be only three winners is a bit comical.

It's also a sad state of affairs when the only way to buy an RTX 5080 from a retailer, as opposed to an auction site for a small fortune, is a competition. Like the rest of the Blackwell series, the card is completely sold out on Newegg – even expensive bundles that include PSUs and monitors are listed as out of stock. It's the same situation on Best Buy.

The RTX 5080 has a $999 MSRP

Some board partners are charging hundreds of dollars more than Nvidia's $999 MSRP for their RTX 5080 cards. Only the FE models are that price on Best Buy, which also lists an Asus ROG Astral RTX 5080 for $1,649.

The RTX 5000 series has been a crushing disappointment for gamers expecting Blackwell to offer huge generational performance increases. They have also had to endure terrible availability.

This lack of stock and prices way above MSRP have made the market feel like the chip shortage/crypto boom times of 2020 and 2021 all over again. Add to this the overheating connectors, missing ROPs, and instability issues, and you can understand why some people have already decided to wait for the RTX 6000 series – or switch to AMD.

h/t: VideoCardz

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Retailer's RTX 5080 competition lets three "winners" buy the card at MSRP

 

[Kotters]

The way it's meant to be played.

 

[Achaios]

We're back to 2020, only this time Miners aren't completely responsible for this.

I recently read NVIDIA has gotten a contract to supply an absurd number of AI GPUs (30K if I recall) to customers until 2026.

So I am guessing that the present situation of NVIDIA GPUs being "unobtanium" and AMD GPUs selling +30% over their fake MSRP, b/c there are simply no NVIDIA 5K GPUs in the market to speak of, will go on for a long, long time. Perhaps even years.

You Are Here.

 

[Ohnooze]

Ridiculous

 

[redgarl]

I am fighting with MemoryExpress righ now because they canceled my order after taking the full payment and sending me the confirmation of the order.

They claim of only having received (130) 9070XT GPUs at MSRPs, so instead of honoring their backorder, they decided to kill all their orders if you were not in the first 130 buyers.

Basically MemoryExpress is just trying to avoid having to sell those GPUs at MSRP because they know they can sell all of them at inflated prices. They probably asked to delay a part of their order to be able to profit from all this. That's why they canceled all the orders, because it was financially advantageous for them.

However, in Canada, and in QC province, you cannot do that. It is against Consumer Protection laws.

Here is what the law stipulate:
---------------------------------------------
Invalid reasons to cancel a purchase

A merchant cannot refuse to follow through on the contract entered into with you for any of the following reasons:

· the purchased item is no longer available;

· the price you had agreed to pay is not the one the merchant wanted to advertise;

· the merchant does not agree to let you purchase the item, even after making you a proper offer that includes all of the required information.

Some merchants use a clause in the contract to cancel a transaction. This clause provides for the possibility of the merchant cancelling the purchase, for example, if there was a pricing error. Such a clause does not authorize the merchant to refuse to deliver the item to you or charge you a higher than advertised price.
---------------------------------------------

So basically, if they can't fulfill my order at the advertise price that I purchased, I can sue them to small claims.

I will simply sue them at this point if they don't provide a mitigation or fulfill the order, because I have enough of all this.

 

[maxxcool7421]

Rich People :: "Well have a lottery, and we will watch people kill each other to buy a single video card..."

 

[Theinsanegamer]

We're back to 2020, only this time Miners aren't completely responsible for this.

I recently read NVIDIA has gotten a contract to supply an absurd number of AI GPUs (30K if I recall) to customers until 2026.

So I am guessing that the present situation of NVIDIA GPUs being "unobtanium" and AMD GPUs selling +30% over their fake MSRP, b/c there are simply no NVIDIA 5K GPUs in the market to speak of, will go on for a long, long time. Perhaps even years.

You Are Here.

30k GPUs isnt that absurd in terms of production. If each of those 30k cards were $1000 RTX 5080s, they would bring a total of $30 million in revenue. if all 30k were H100s, selling for $40000 apiece, then that would be $1.2 billion in revenue. Keep in mind, this is the MSRP the cards sell at, not the price nvidia charges the OEMs for the GPUs.

The geforce division brought in $10.4 BILLION in 2024. The datacenter division which includes AI was $40 billion. IF every datacenter sale was a super expensive H100, that would be a million cards, if nvidia was producing the cards and selling them at MSRP.

I dont think its too much of a stretch to say nvidia is producing around 2-3 million GPUs per year, possibly more depending on how the datacenter sales shake out.

 

[NumberNine]

Just wait. Anything carrying actual value for mainstream consumers will be towards the end of the generation with Ti Supers. It's a FOMO dream come true.

 

[wiyosaya]

What's the matter? This is absolutely beyond generous. /s

 

[wiyosaya]

30k GPUs isnt that absurd in terms of production. If each of those 30k cards were $1000 RTX 5080s, they would bring a total of $30 million in revenue. if all 30k were H100s, selling for $40000 apiece, then that would be $1.2 billion in revenue. Keep in mind, this is the MSRP the cards sell at, not the price nvidia charges the OEMs for the GPUs.

The geforce division brought in $10.4 BILLION in 2024. The datacenter division which includes AI was $40 billion. IF every datacenter sale was a super expensive H100, that would be a million cards, if nvidia was producing the cards and selling them at MSRP.

I dont think its too much of a stretch to say nvidia is producing around 2-3 million GPUs per year, possibly more depending on how the datacenter sales shake out.

Since the data center sales were likely volume sales, I bet they were below MSRP.

 

[Achaios]

30k GPUs isnt that absurd in terms of production. If each of those 30k cards were $1000 RTX 5080s, they would bring a total of $30 million in revenue. if all 30k were H100s, selling for $40000 apiece, then that would be $1.2 billion in revenue. Keep in mind, this is the MSRP the cards sell at, not the price nvidia charges the OEMs for the GPUs.

The geforce division brought in $10.4 BILLION in 2024. The datacenter division which includes AI was $40 billion. IF every datacenter sale was a super expensive H100, that would be a million cards, if nvidia was producing the cards and selling them at MSRP.

I dont think its too much of a stretch to say nvidia is producing around 2-3 million GPUs per year, possibly more depending on how the datacenter sales shake out.

I know.

I own NVIDIA stock. I'm happy for this, though sad for gamers. The Leatherman keeps doing his best to funding my forays into the fleshpots of SE Asia ad perpetuum.

 

[airbornex]

This competition is the gaming equivalent of winning a golden ticket to Willy Wonka’s factory, only to find out you have to pay full price for the chocolate.