If there is something that cuts like a dagger in the side, it pays more. Life is already very expensive, and PC components have never been cheap. If we bring these two realities together, buying a PC becomes a risky business… a financial risk.
Luckily for everyone, mining crashed a few months ago, with very low values for currencies like bitcoin or ethereum. What made the miners stop buying charts for their activities, since the final benefit was not enough even to pay electricity bills.
This has left AMD and NVIDIA with a lot of unsold inventory, and how do you deal with storage issues? Price reduction. And that’s what the two companies are going to do.
According to a report by Chinese technology agency ZOL, citing its supply chain sources, It looks like prices for AMD and NVIDIA GPUs may drop at the end of August.
It’s only been a few months and we’ve seen a dramatic crash in the GPU market. Several factors led to this, such as the fall of cryptocurrencies, as well as the fall of the PC market and the general lack of demand for the RTX 4000.
Most AMD and NVIDIA graphics cards are currently priced well below retail prices. (in these two years they have risen in price by 100%), and despite this, GPU manufacturers are having difficulty selling them.
This has affected both AMD and NVIDIA, as seen in their second quarter financial results.where the PC GPU segment is not performing well and shipments have generally suffered.
Now, AMD and NVIDIA are deciding to slash the prices of their GPUs significantly, and the green team has reportedly taken some aggressive steps to clear their inventory. Thus, a new series of price cuts may reach the retail segment as early as the end of August.
Also, NVIDIA is said to have resumed production of its RTX 3080 12GB graphics card to deal with excess inventory of GA102 GPUs.chip used for a total of 5 different graphics cards.
So it looks like those looking for a new graphics card from NVIDIA and AMD can look forward to even lower prices in the coming months. but it remains to be seen how this will affect the launch and price of the next generation: the RTX 4000 series.
Source: Computer Hoy
