The RTX 4070 launched on April 13, 2023, so this GPU is relatively new. Monitoring stock availability at the Best Buy store, the item was available for nearly eight hours. This was an unprecedented event in the GPU market—especially for graphics giants like Nvidia, as they usually manage to sell every single GPU on launch day. The consequence is, Nvidia was forced to stop production for one month.
Allegedly this temporary suspension originated in China via the BenchLife website, which aims to enable distributors to sell their cards before Nvidia ships more. It is not clear whether this plan is only for China or other regions, although it appears to be feasible in the US as well. It's also been reported that Nvidia is considering offering $50 to distributors for every 4070 it orders, but this has not been verified.
The RTX 4070 itself is the most affordable GPU for the 4000 series. At $599, this GPU is $100 more expensive than the RTX 3070, but still $100 cheaper than the RTX 3080. However, many gamers remember how early the GTX 1070 was launched for only $379. in 2016, backtracking regularly given the price has almost doubled. Currently they are holding back on buying the graphics card.
