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Why is the A770 holding it's value?

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I've just looked on that well-known auction site and seen that the 16 GB Intel Arc A770 is still going for £270+ second hand with brand new cards going for over £370 (less if you're willing to purchase from China). Why?
 
People don't want to lose money so they're holding out. There has also been a lot of positive press recently regarding improvements. They also aren't as widely available as AMD/Nvidia counterparts.

There is also a lot of scaremongering about GPU prices are about to rocket with ai now becoming a more prominent part of lives, and there are start ups buying up GPUs to make AI rigs, as consumer gpu's are significantly cheaper than commercial data centre / air specific cards.

However my understanding is that intel gpu's are still hard to shift.
 
I've just looked on that well-known auction site and seen that the 16 GB Intel Arc A770 is still going for £270+ second hand with brand new cards going for over £370 (less if you're willing to purchase from China). Why?
Simple economics at the end of the day. Try and find a AMD/Nvidia card that has similar performance that also comes with 16Gb of ram for around £300.

Intel cards are good at AI work and having a GPU with a decent amount of vram is sought after for running such loads and large data sets.
 
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