The past few years have seen a massive rise in GPU prices thanks to market demand and chip shortages. Gamers have been especially hard hit thanks to crypto miners adding extra pressure on those hard working cards. However, perhaps January may be the month we can say we started to really see a decline in GPU prices, in the ever hopeful march back to normality.
3DCenter (opens in new tab) (via Videocardz (opens in new tab)) has been tracking GPU prices in German and Austrian retailers during these unprecedented times. Despite seeing cards selling for their highest prices since April (opens in new tab) just a few months back, so far January has seen two distinct price drops.
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For Nvidia GeForce RTX 30-series cards like the RTX 3090 (opens in new tab), sales fell to 185% of their retail price early in the month and are now down to 177%. AMD saw a similar trend with prices dropping to 178% and then again to 167% of the MSRP. This means cards like the AMD Radeon RX 6800XT (opens in new tab) are selling for between 1279-1559€, which is still a far cry from the MSRP but at least it’s getting closer. Slowly. Hopefully this trend will continue and spread throughout the rest of the world.
We can be cautiously optimistic about this at the moment. Sure, the chip shortage is still seeing companies desperately scramble to try to make up for market demand. However, we are seeing new budget GPUs starting to appear (opens in new tab) to help pick up some of the slack.
This, combined with a recent drop in crypto prices and Ethereum’s upcoming move to Proof of Stake (opens in new tab) means the demand for gamer graphics cards for mining may dry up. Of course we are likely to also see the market flooded with used cards when this happens. Buyer beware on those as they might be well and truly worked to the core, but there may also be good deals to be found.