News Nvidia, HP and Zotac Request Temporary Tariff Exemption on GPUs

[Admin]

After failed attempts at moving GPU manufacturing stages out of China, a group of companies including Nvidia, Intel, HP and ZOTAC have all urged the U.S. government to institute a temporary tax exemption for imported electronics - a measure imposed by the Trump Administration in wake of the U.S.-China trade wars.

Nvidia, HP and Zotac Request Temporary Tariff Exemption on GPUs : Read more

 

[gggplaya]

It's all going to miners anyways. So who cares.

 

[Deleted member 14196]

It's all going to miners anyways. So who cares.

Right so they should just tax the crap out of it

 

[Endymio]

Quote: "China controls so much of the required raw material production and logistics: the company has thus far been “(...) unable to identify alternate sources ..."

That statement is evidence in support of increasing the tariff -- not giving into China and repealing it.

 

[btmedic04]

i bet a soda of choice that if gpus were excluded from tariffs, that prices would not change. the only thing that would change is increased profit margins for nvidia et. al

 

[Alvar "Miles" Udell]

GPUs could cost a penny to make and a nickle to import, and they'd still sell for ungodly inflated prices as long as GPU mineable cryptocurrencies are legal under US and EU law. It's basic supply and demand keeping prices inflated, as well as manufacturer greed setting inflated MSRPs, not the manufacturing cost and import charges.

Take the RX 6600, it's an entry level card, yet is MSRP'd at $330. The GTX 1660 Super is an entry level card, yet is MSRP'd at $230. Heck, the jump from last generation's RX 5000 and RTX 2000 series to the current one DOUBLED the MSRPs for the same exact cards they replaced simply because AMD and nVidia wanted more money.

 

[Endymio]

It's basic supply and demand keeping prices inflated, as well as manufacturer greed

The "greed" mantra is a little overworn. Greedy product makers want the highest price possible, and greedy buyers want the lowest price possible. Manufacturers are no more or less greedy today than they were ten or twenty years ago; the current situation is much better explained by the undeniable influence the pandemic has had, both upon supply and demand.

 

[Timmy!]

Are countries other than the US paying America's 25% tariff on GPUs out of China? If so, why? Accounting for currency exchange rates, shouldn't MSRP in countries other than the US be 25% lower than for the US?

If there was no tariff from the US, would Americans be happy paying retail price for the latest GPUs, even ones inflated by scalpers? I'm assuming that scalpers would be charging 25% less than currently but I wouldn't know.

Why aren't comments below the article? Is this a new system from TH?

 

[TinyFatMan]

The people are really “smart”. In fact, for millennia he has put his life in the hands of the rich. And in 2021 it's still like that and nothing will ever change as long as humans exist.

<Political rant Redacted by Moderator>

 

[USAFRet]

People, lets lighten up on the politics.
OK?