- 04 Jun 2021 13:46
#15175656
In Feb of 2017, I bought a 1070 video card for about $350. If you wanted to buy a *used* 1070 right now, it would cost you $900.
The new 3070 cards are over a grand. In the normal course of events, they would cost half what they do now, and more likely even less than that.
If you look at the chip business, it's almost larger than life. Billions thrown around, lead times can be measured in years. The recovery time is going to be years, 2 or 3, maybe even longer.
And it's not just chips, I was reading yesterday how Covid had created problems for bike makers, manufacturers used to plan years ahead. Now they can't, their suppliers (not all of them) are dealing with a variety of problems.
The underling situation is actually good news, there is demand, and that's what you want to see. But it makes me wonder if inflation won't last longer than guys like Krugman expected.
Not saying it will, these things have a way of getting worked out, companies want to stay in business, suppliers want to keep manufacturers happy.
I did take away this tidbit.. Rotor makes the same components Shimano does. They are a small company almost no one had even heard of. But they do everything in their own country, and they don't have half the headaches Shimano does. This is their moment to shine.
The new 3070 cards are over a grand. In the normal course of events, they would cost half what they do now, and more likely even less than that.
If you look at the chip business, it's almost larger than life. Billions thrown around, lead times can be measured in years. The recovery time is going to be years, 2 or 3, maybe even longer.
And it's not just chips, I was reading yesterday how Covid had created problems for bike makers, manufacturers used to plan years ahead. Now they can't, their suppliers (not all of them) are dealing with a variety of problems.
The underling situation is actually good news, there is demand, and that's what you want to see. But it makes me wonder if inflation won't last longer than guys like Krugman expected.
Not saying it will, these things have a way of getting worked out, companies want to stay in business, suppliers want to keep manufacturers happy.
I did take away this tidbit.. Rotor makes the same components Shimano does. They are a small company almost no one had even heard of. But they do everything in their own country, and they don't have half the headaches Shimano does. This is their moment to shine.
Facts have a well known liberal bias