Graphics Card Prices Continue to Fall All Over the World
The latest figures show that graphics card prices continue to fall all over the world, with availability higher than any point over the past year. This is likely to result in further price reductions as supply catches up to demand. Meanwhile, consumer sentiment in the US remains at its lowest point since 2008.
This trend started last year and has continued into the second half of this year, according to a report published in Tom’s Hardware. The price of GPUs has fallen by 37% in Germany and Austria, according to the German website 3DCenter, which compares retail values from nine different stores. As the cryptocurrency market becomes more volatile, GPU prices have fallen accordingly. As a result, mining becomes less profitable and supply increases.
This trend has been fueled by currency fluctuations, although there is still room for price reduction. Prices of AMD’s RX 480 GPU are about thirty percent lower than their MSRP, and Nvidia’s GPUs are still over sixty percent more expensive. However, this is not an all-time low for GPUs. Moreover, it is not uncommon for AMD and Nvidia’s partners to compete for customers. If the prices fall further, the gaming industry is likely to benefit.
The latest GPU price drops include Nvidia’s RTX 3090. While the high-end model, the RTX 3080, dropped from $2,299 to $1,499 overnight, a decrease of up to 35 percent. Even if prices have dropped to record lows, retailers are attempting to reduce their stock to avoid a bubble burst. Retail prices have fallen by as much as 12 to 19 percent since the Trump-era tariff was lifted.