GPU Prices Are Slowly Returning Back to Normal
If you’ve been looking to purchase a brand new graphics card — but were unwilling to pay scalper prices — you’ll be elated to find out that GPU prices have started to revert to normal! Now, “started” is the most important word here as we’re not talking about a sharp drop but rather a more subdued, drawn-out one.
Still, a drop is a drop, and we’ll take it. The ongoing crypto mining craze has affected the entire IT industry in a myriad of ways, and, frankly, we’re happy that we’ll soon be able to buy the latest and greatest graphics cards from NVIDIA and AMD without having to sell our kidneys! How soon remains to be seen, but at least we’re getting there.
And perhaps the allure of these novel products wouldn’t be as powerful as it is, had teams “Green” and “Red” not delivered some truly next-gen results. But, thanks to a much more efficient manufacturing process, they could attain mind-blowing levels of performance while also (in most cases) lowering power consumption. And, perhaps best of all, neither company wanted to charge too much, despite having every right to do so.
And then, well, we all know what happened.
NVIDIA RTX 30 series and AMD RX 6000 series GPUs are stupendously powerful — even the “mid-tier” models like the RTX 3060 and the RX 6600, the latter of which should be announced very soon. For an enjoyable gaming experience, you will no longer need to invest a small fortune and that, in short, is a cause for celebration. Well, at least not when GPU prices revert to normal. Fortunately, that day isn’t as far as some had feared, so hold on tight as we can finally see the light at the end of the tunnel!
Mid-2021 GPU Prices — Slowly Leaning Towards Normalcy
According to the latest report by 3DCenter, GPU prices in Germany and Austria (as of late June) have started to fall off — from an average +133% over MSRP to “just” +91%. This change in pricing results from improved availability (and the fact that Bitcoin prices are starting to drop), and things will only get better and better as time goes on.
There’s still a long way to go, of course, but at least we’re moving in the right direction, so no one should be complaining. We mustn’t forget that NVIDIA GPU prices reached record highs in mid-May with +304% on average before dropping to a far less egregious +233% by the end of the month. These are mostly European prices, of course, but the situation is fairly similar across the globe.
Some retailers (or most, rather) are still charging obscene prices for these novel GPUs primarily because there’s still a big enough demand from cryptocurrency miners. AMD RX prices are a lot less offensive than those of NVIDIA, although they’re still sold at a +81% “surcharge” compared to their official MSRPs.
In any case, seeing any drop in pricing is a breath of fresh air. How much longer we’ll have to wait for things to normalize still fully remains to be seen, but at least there’s been some progress, and that’s enough for the time being.