RX Vega 64 is sold for $150-200 above the MSRP and AMD blames the miners and gamers for increasing the demand so much. To bridge the supply shortage those retailers increased the prices. AMD says they have no control over the inflationary pricing.
According to AMD’s official statement, they do not control the pricing. If AMD launched the RX Vega 64 at $499 and it’s being sold for $150-200 above, AMD says there are external factors involved in hiking the price. The artificial inflation is what’s causing retailers to raise the price.
RX Vega 64 is being sold on Newegg and Amazon for $699-725. AMD stated that they’re working really hard with the production unit and partners to bridge the gap between the supply and demand for RX Vega 64.
AMD controlled or not, the prices are so high that for this amount of money people can easily get a 7 months old GTX 1080 Ti from Amazon and other retailers. GTX 1080 Ti not only performs a lot better than the RX Vega 64 but in fact runs cooler and is of more value for money right now.
RX Vega 64 has performed poorly in mining from the rumored benchmarks. Yet the card sold out like hot cakes and this is perhaps the first time AMD will have to restock at the launch of its cards. The RX Vega 56 is a more compelling card, with benchmarks outperforming the GTX 1070. Judging from this trend, that card will not be sold on the market for $399.
What do you guys think about AMD’s statement regarding the card’s supply and inflationary price controls? Do you think that the inventory management and demand estimate department at AMD is working efficiently? Let us know in the comments below.