GPU Oversupply Spills Onto the Streets in Vietnam
upstart writes:
GPU Oversupply Spills Onto the Streets in Vietnam:
Vietnam's Le Thanh, the self-proclaimed 'King of VGA,' is having some fun on Facebook (via I_Leak_VN). In photos and videos shared on the social media site, it looks like the store has started to use street trader tactics to grab passersby and sell them GPUs by the kilo.
Le Thanh shared pictures of dozens of used GPUs stacked up on the curbside in a clear parody of a Vietnamese street food stall. There is also a video with the vendor patiently waving away flies with a net, awaiting passersby. Then, a scooter stops, and the rider buys a bundle of GPUs after the seller weighs them, then drives off with them in a flimsy red takeaway bag. Other photos show the street seller waving used GPUs at scooter riders in the street. Moreover, there are stacks and stacks of GPUs shown in Le Thanh's shop, with all the major brands represented.
There has been plenty of talk about graphics card oversupply in the post-Ethereum GPU mining era. Indeed, we have seen consumer graphics card prices slide since this tech event. Even leading up to the death of GPU mining, the crypto business was running out of steam as coin valuations dropped precipitously, and recessionary forces started to grip the world. The widespread ending of pandemic-related lockdowns didn't do consumer electronic sales any favors, as did the squeeze on disposable income due to rising energy prices.
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