If you’ve been buying Nvidia GPUs for gaming, you’ve been over paying as well as funding and contributing to Nvidia’s A.i. hype/bubble. Let me explain.
Nvidia CEO Jensen Huang, has bet the farm on A.i. after getting fat on the bitcoin mining craze. I know most of you Nvidia GPU owners were not bitcoin miners, and purchased your GPU for gaming performance reasons like “phat FPS numbers”. During the bitcoin mining craze the RTX 3000 series cards were being sold at $2800 to $3700 USD each. When the floor fell out from under the bitcoin mining, the miners were dumping their used equipment on e-Bay. The price on used RTX 3000 series cards dropped to between $250 to $900 USD, which put massive price pressure on brand new RTX 3000 and 4000 series cards. On top of the price pressure, a RTX 3080 outperforms a RTX 4060.
Jensen’s/Nvidia’s business strategy is to try to recreate the hype/craze of the bitcoin mining era around A.i. and sell GPUs at insanely inflated prices. Again, I know you NV GPUs owners were buy those GPUs for gaming performance. However, Nvidia is just treating its customers as a casualty of a very, very, greedy opportunity. As a CEO, Jensen has been fixated on the Nvidia stock price, which has been excessively inflated.
CEO Jensen did a big presentation at CES this month, 1/7 to 1/10. About 85% to 90% of Jensen’s presentation was about:
- A.i.
- Nvidia’s latest hardware
- A.i. running on Nvidia’s latest hardware (American A.i. platforms)
- the A.i. and gaming performance numbers on their latest hardware
- this supposed A.i. revolution that is coming and/or is here right now
Jensen announced the RTX 5000 series GPU product line at CES, and the prices for them which are insane (a RTX 5090 costing $2000 USD). So $2000 USD for a RTX 5090 GPU when it hits the market, but a RTX 4090 is over $2500 USD right now (the low end) on PC Part Picker. The $2000 price tag for the 5090s is just MSRP (manufacturer’s suggested retail price), so the price could be much higher at retailers. $2000 and $2500 is way too much for just a GPU. Just plug in “RTX 4090” without quotes in the search box on the right side of the page, above the price grid ==> https://pcpartpicker.com/products/video-card/#sort=price&R=5,4&page=1
So lets put these puzzle pieces together:
- CEO Jensen wants to create and capitalize on the A.i. craze, like its a 21 century gold rush, by selling GPUs at insanely inflated prices
- Jensen’s CES presentation was mostly a marketing hype presentation that looks like its directed at consumers/gamers, but is really meant for businesses who want to play in the A.i. space (businesses like bitcoin miners have deeper pockets than your average PC gamer)
- Jensen and others have been hyping up raytracing, frame gen (aka fake frames), and DLSS with Nvidia GPUs and many of the fishes (gamers) got that hook caught in their mouths
- Pres. Trump recently announced a $500 billion USD investment in A.i. (American A.i. platforms like ChatGPT) 6 days ago (1/22/2025)
- I’ve been warning friends, family, and coworkers, that A.i. is mostly hype like dot COM, e-business, and i-business was mostly hype in the late '90s to early 2000s (it was just websites/web stores like what Amazon is today)
All of the above, and then China’s DeepSeek dropped an open source A.i. bomb on American A.i. and big tech companies. See for yourself ==> https://www.youtube.com/watch?v=Nl7aCUsWykg
Terran Marauder says “Ka-boom baby”. DeepSeek runs on existing cheap computing hardware at about 5% of the cost of American A.i. platform implementations (which includes Nvidia hardware). Google search “nvidia stock price today”, click on 5D (last 5 days), and look at that vertical nose dive from 1/24 to 1/27. Nvidia lost $600 billion USD in market cap after the DeepSeek announcement. Just like the McDonald’s jingle goes “I’m loving it”. The video I linked above has one thing wrong. DeepSeek runs on Linux and Nvidia does NOT have an advantage on the Linux platform.
With DeepSeek running at about f-i-v-e percent of the cost of OpenAI, where is that $500 billion USD coming from, that Trump spoke about, and where is it going. Don’t get taken advantage of. Instead of $2000 USD, maybe those 5090s should be $200 USD. I don’t buy Nvidia GPUs. I abandoned team green (Nvidia) years ago and switched to team red (AMD). I don’t prioritize raytracing, or Nvidia’s proprietary raytracing, frame gen, and DLSS API’s. I don’t do any work with CUDA. My FPS is great on AMD. Many of you guys already have your plans set for a new PC build for the new year. You want that 2k and 4K FPS in games like D4, Overwatch, and HotS. Think carefully about which GPU you buy for gaming performance. You might consider an AMD or Intel CPU. The Intel Arc B-580s are on the market right now, but I’m on team red.
