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DIAMOND BAR, Calif. - Newegg Commerce, Inc. (NASDAQ: NEGG), an established e-commerce platform specializing in technology products with annual revenues of $1.39 billion, has officially begun sales of the AMD Radeon RX 9070 and 9070 XT graphics processing units (GPUs). The new GPUs, which are based on AMD’s latest RDNA 4 architecture, became available for purchase on Newegg on Monday. According to InvestingPro data, Newegg currently trades at a low revenue valuation multiple, suggesting potential value opportunity for investors interested in the tech retail sector.
The AMD Radeon RX 9070 and 9070 XT are designed to provide enhanced gaming, streaming, and content creation performance. These GPUs incorporate AMD’s HYPR-RX technology suite, including Radeon Anti-Lag, Fluid Motion Frames 2, and FidelityFX Super Resolution 4, which aim to significantly improve gaming framerates by using AI machine learning for upscaling and frame generation. RDNA 4 also claims to offer notable advancements in raytracing capabilities, which produce more realistic lighting, shadows, and reflections in compatible games. Both models feature 16GB of VRAM. With a current gross profit margin of 10.73%, Newegg faces challenges in maintaining profitability in the competitive hardware retail space.
Newegg has partnered with several leading graphics card manufacturers, such as ASRock, Sapphire, PowerColor, XFX, ASUS, GIGABYTE, and AORUS, to provide a wide selection of Radeon RX 9070 and 9070 XT models. Each model is equipped with high-efficiency cooling systems and robust power delivery, catering to various gamer preferences.
In conjunction with the launch, Newegg continues to promote its GPU Trade-In Program, which encourages customers to trade in their existing GPUs for credit toward the purchase of a new one. The program is designed to make upgrading more affordable while also addressing electronic waste.
Andrew Choi, Director of Brand and Website Experience at Newegg, expressed enthusiasm about the release, stating that it’s expected to redefine the performance-per-dollar benchmark in the industry.
The AMD Radeon RX 9070 series GPUs are now available on Newegg.com, with the RX 9070 starting at $549.99 and the RX 9070 XT at $599.99. Due to anticipated high demand, customers are encouraged to act quickly.
Performance claims of the new GPUs are based on internal or third-party testing and may vary depending on system configurations and usage. Prices and availability are subject to change. Third-party brand products are sold by Newegg but come with warranties provided by their respective manufacturers.
This news is based on a press release statement. For the most recent information, including updates on availability and pricing, customers can visit Newegg.com. For investors seeking deeper insights into Newegg’s financial performance and growth potential, InvestingPro offers comprehensive analysis with 13 additional exclusive ProTips and detailed metrics, including valuation models and peer comparisons.
In other recent news, Newegg Commerce, Inc. announced the release of NVIDIA’s GeForce RTX 5070 Ti GPUs, expanding its lineup with the latest technology offerings. The launch saw a significant demand spike, with the GPUs selling out within minutes on Newegg’s platform. This release was accompanied by the relaunch of Newegg’s Shuffle program, providing customers a fair chance to purchase these high-demand items. Newegg also introduced new gaming PCs through its in-house brand, ABS, equipped with RTX 5070 Ti GPUs, and priced starting at $2,299.99. Other brands such as MSI and CyberPowerPC also offer systems with the RTX 50 Series graphics cards. The company’s GPU Trade-In program continues to promote sustainability by allowing customers to trade in older components for credit towards new purchases. Newegg assured customers that restocks would be announced in real-time, encouraging them to follow the company’s social media for updates. Additionally, the company reported a tenfold increase in website traffic during the launch, emphasizing the popularity of the RTX 50 Series GPUs.
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