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Newegg blames tariffs for RTX 5090 and RTX 5080 price hikes, but then walks it back
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this post was submitted on 09 Feb 2025
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Nvidia
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Nvidia Corporation is an American multinational corporation and technology company. It is a software and fabless company which designs and supplies graphics processing units (GPUs), application programming interfaces (APIs) for data science and high-performance computing, as well as system on a chip units (SoCs) for the mobile computing and automotive market. Nvidia is also a dominant supplier of artificial intelligence (AI) hardware and software.
Nvidia's professional line of GPUs are used for edge-to-cloud computing and in supercomputers and workstations for applications in such fields as architecture, engineering and construction, media and entertainment, automotive, scientific research, and manufacturing design. Its GeForce line of GPUs are aimed at the consumer market and are used in applications such as video editing, 3D rendering and PC gaming. The company expanded its presence in the gaming industry with the introduction of the Shield Portable (a handheld game console), Shield Tablet (a gaming tablet) and Shield TV (a digital media player), as well as its cloud gaming service GeForce Now.
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Tariffs as corporate alibi for shameless price gouging reaches critical mass. Newegg's deleted tweets exposed the game – slap a 10% geopolitical tax on imports, then jack prices 18-70% while blaming DC. MSI/ASUS transformed tariff math into postmodern larceny, hiking $1,999 GPUs to $3,409 before lunch.
The grift's architecture: limited "launch stock" creates FOMO frenzy, letting manufacturers rebrand scalper economics as "supply chain adjustments." ASRock's manufacturing shuffle to Taiwan? Kabuki theater – takes years while current inventories bleed consumers dry.
Nvidia's silence screams complicity. "Free market" fundamentalists cheerlead this extractive circus, where every tariff percentage point becomes license for exponential rent-seeking. Innovation now means inventing better ways to fleece PC builders between crypto/AI boom cycles.