NVIDIA & AMD GPU Prices Drop ~25% in March, Supply Normalizing
After a long and arduous period of extreme shortage in the graphics card market affecting both AMD and NVIDIA, it appears that supply is finally beginning to normalize.
We have maintained a very close eye on the market here at Wccftech over the past several quarters. Quite frustratingly, every time we had a new update to present on the situation the prospects seemed to only get grimmer and grimmer.
NVIDIA & AMD GPU Prices Down ~25% in March, Finally Beginning to Normalize
Today, and for the first time in several months, we are happy to report that we come bearing good news. Supply is finally beginning to pick back up and prices are finally starting to come back down to levels of sanity. During March alone, we saw prices come down by as much as a third on high-end graphics cards, such as NVIDIA's GTX 1080 Ti and AMD's RX Vega 64.
Mid-range graphics cards also saw price drops, in fact nearly every single mid-range to high-end graphics card that we could find on Amazon had declined in price by anywhere between 15-30%, with an average price drop of around 25%.
Supply levels have also seemingly gotten healthier. AMD Radeon RX 500 series and Vega series graphics cards as well as NVIDIA GeForce GTX 10 series graphics cards are available in-stock more frequently at both amazon.com and newegg.com than they have ever been in the past several months.
The improvement in supplies seems to partially stem from news of the imminent release of the first ever ASIC miner for Ethereum, which would render mining Ethereum on GPUs almost entirely obsolete. Ethereum is the most popular cryptocurrency among GPU miners.
With prices finally coming down, supplies improving and news of NVIDIA preparing to introduce a new lineup of GeForce GTX 11 series graphics cards this summer there appears to be hope yet for the DIY PC gamer!