To sum up: Readers of this site are likely aware that Nvidia, AMD, and the companies’ respective partners have been aggressively slashing the price of graphics cards recently, the result of overstocking and a need to clear stock before the next ones arrive. generations. But according to a new report, people aren’t rushing to buy GPUs in the kind of numbers expected. The solution? Make cards even cheaper.
MyDrivers’ report says efforts to move excess Nvidia and AMD graphics card stock by cutting their prices aren’t going as well as expected. Citing the Taiwan Economic Daily and sources in the country, the publication claims that a new round of price cuts will be implemented in September, which will see even larger deductions than those implemented throughout August. .
It’s ironic that after consumers spent so long staring sadly at expensive, out-of-stock graphics cards, the companies and retailers that sell them are now being forced to keep lowering their prices due to a stock excess. There are several reasons for this, such as the crypto market crash, fragile economy/rising inflation discouraging luxury purchases, and upcoming next-gen cards. Lovelace could actually prove to be a problem for Nvidia: with even mid-range RTX 4000 cards said to outperform current flagships, why pay more for the latter?
August GPU pricing update: Nvidia and AMD are serious about offloading current-gen GPUs
|MSRP||Newegg Lowest Price June||Newegg Lowest Price July||Newegg Lowest Price August||Current price inflation||Price increase from July to August|
|GeForce RTX 3090Ti||$2,000||$1,650||$1,470||$1,350||-33%||-8%|
|GeForce RTX 3090||$1,500||$1,600||$1,270||$1,220||-19%||-4%|
|GeForce RTX 3080Ti||$1,200||$1,000||$930||$870||-28%||-6%|
|GeForce RTX 3080 12GB||n / A||$870||$740||$750||n / A||1%|
|GeForce RTX 3080 10GB||$700||$770||$820||$730||4%||-11%|
|GeForce RTX 3070Ti||$600||$680||$670||$620||3%||-seven%|
|GeForce RTX 3070||$500||$580||$530||$520||4%||-2%|
|GeForce RTX 3060Ti||$400||$500||$470||$450||13%||-4%|
|GeForce RTX 3060||$330||$380||$410||$380||15%||-seven%|
|GeForce RTX 3050||$250||$330||$330||$310||24%||-6%|
Just a few weeks ago, reports from two Chinese sources claimed that Nvidia was planning to continue to lower GPU prices and that once again the RTX 3090 and 3090 Ti were set to take some of the biggest price drops. ; Nvidia previously reduced the $1,999 MSRP of this latest card (Founders Edition) by $400.
Nvidia CEO Jensen Huang confirmed last week that the company was now experiencing excess inventory and the only solution was to lower prices “to give the chain an opportunity to correct.”
This is all good news for consumers, of course. The only issue gamers now face is whether to take advantage of the lower prices, wait to see how far they drop, or hang on to the RTX 4000 series. There were rumors that the only A Lovelace card to land this year would be the RTX 4090 currently in production, which might sway people’s decision, but with the RTX 4070’s performance expected to match the RTX 3090 Ti, it’s quite a dilemma.