Resellers are unable to sell the RTX 4070 Ti at exorbitant prices

Resellers are unable to sell the RTX 4070 Ti at exorbitant prices.

The new RTX 4070 Ti graphics card from Nvidia came out this week. Though resellers haven’t shown much interest in it so far.. This is likely due to the fact that the product is still available at regular rates at most outlets.

Upon release on Thursday morning, the desktop GPU was available for purchase. In contrast to previous graphics card releases, when stock quickly depleted, the RTX 4070 Ti is still for sale at sites like Newegg and Best Buy for $839 and higher. On the other hand, some eBay sellers have tried to charge as much as $1,699 for the item in question. When they are in stock, however, consumers have no motivation to purchase them. Furthermore, unlike most scalpers, shops will accept returns. There are currently 26 RTX 4070 Ti listings on eBay. But, according to eBay’s Terapeak tool, there have been no sales yet.
In contrast to the RTX 4090, which sold out almost instantly upon its October 12 release, this is a significant shift. Scalpers sold 240 graphics cards on release day, averaging $2,500 apiece, far exceeding the retail price of $1,599. The RTX 4090 is still elusive, making it an attractive commodity for scalpers.

The RTX 4080 has reportedly been faced with lackluster internet demand. Five to ten cards each day are sold, and the average price has gone below the $1,199 GPU’s MSRP. One scalper said last month that they were going to resale their RTX 4080s at full price since the “market isn’t what I imagined.”
If the RTX 4070 Ti becomes popular and eventually sells out, the situation for resellers might improve. For instance, at Newegg, the $799 versions don’t seem to be available. However, recent developments imply that the RTX 4000 series will not be as hard impacted by GPU scalping as the RTX 3000 line was, which debuted at the height of the historic chip scarcity and the booming cryptocurrency mining industry.
Since then, cryptomining based on graphics processing unit (GPU) has become unprofitable, and Nvidia has had an excess of its own desktop graphics cards. Not only that, but the astronomically expensive price of the RTX 4000 series may be stifling demand.