NVIDIA's GeForce GTX 1060 has just received a major price cut which makes one of the most popular gaming graphics card more reachable to budget users. The GeForce GTX 1060 was launched back in 2016 and became a hit amongst the gaming audience and with a proper successor on its way, the card will be getting a nice drop in price.
NVIDIA GeForce GTX 1060 Graphics Cards Get Price Cuts - 6 GB Variants Now Available For Just 179 Euros
According to a report by Cowcotland, the NVIDIA GeForce GTX 1060 has seen frequent price drops since October 2018. The card is currently at its lowest selling price for about 179.99 Euros. This is a 10% drop in price compared to the previous week as mentioned in a report. The specific variant is also the 6 GB model and not the 3 GB models which could end up being even cheaper given these price cuts.
Now, what is interesting is that there could be multiple reasons behind this price drop. First of all, NVIDIA is still sitting on top of a large inventory of GP106 GPUs which were overproduced during the crypto-mining scene but due to miscalculations and the crypto market crashing in the previous year, the fallout became overwhelming for NVIDIA. Hence they are now trying to get rid of extra inventory before the next quarter.
The other reason is the launch of the true successor to the GeForce GTX 1060, the GeForce GTX 1660. We know that the GeForce RTX 2060 is in a league of its own when compared to the GTX parts but price wise, the GTX 1660 is what would be matching close to the $249 US price point of reference GTX 1060 graphics cards. At $229 US, the GeForce GTX 1660 will exceed the graphics performance of a GeForce GTX 1060 by a fair margin while featuring the newer Turing architecture.
The price cut is definitely nice and once it hits globally, we can see many cheaper Pascal GTX 1060 cards which are still great for 1080p gaming. The GeForce GTX 1060 has been the most popular gaming graphics card according to Steam's hardware survey and has remained so far the last two years with more and more users buying it each month. The price cut would definitely mean more gamers on a budget would end up buying the GTX 1060 while those looking for slightly better GPU performance will be choosing from GeForce GTX 16 series Turing cards.