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Are GPU prices going down?

Is it now the best time to grab yourself a new graphics card?

Updated: Oct 18, 2022 1:45 pm
Are GPU prices going down?

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The GPU shortage for the old gen is over, and gamers everywhere can now relax with relief. Prices from AMD and Nvidia are beginning to decline even below list price following a severe decline in gaming revenue from Nvidia. Now is the time to buy if you’re looking for a cheap GPU offer.

However, we’re not yet entirely out of the woods. Prices may increase at the end of the year due to forthcoming launches, such as the Nvidia RTX 4000 series.

In January 2022, the RTX 3080 was around 149% more expensive than its original price, but by March, that difference had decreased to just 105%. Some RTX 3080 cards are actually selling on eBay for less than the stated price. Although caution is advised as these could be coming from miners and so their quality isn’t certain.

3DCenter GPU price report 22 08 2022
3DCenter report from August 2022

Currently, AMD’s graphics cards aren’t as overpriced as Nvidia’s, and certain RX 6000 graphics cards are being sold at merchants for less than the list price. Even in the wake of the Nvidia RTX 4080, the RTX 4090 is now formally available.

The cost of the RTX 3090 has just decreased from $1,500 to approximately $1,100. Thus we anticipate further price reductions on any cards that are now going for more than $700.

At the beginning of the year, it was advised to delay the purchase of a GPU, but that advice is no longer valid. As cards have largely returned to list price and are currently in stock at shops, now is the ideal time to get a new GPU.

However, if you want the best performance, you might want to hold out until the next generation of cards comes out. In the fall, Nvidia is anticipated to debut its RTX 40-series graphics cards, and AMD should soon follow with its RDNA 3 GPUs.

Predicting whether these cards will drive current prices down or cause new price increases is problematic. This will be a fantastic moment to purchase a new GPU if you eagerly anticipate an upgrade.

With a background in engineering and PC gaming, Seb is a staff writer with a focus on GPU, storage, and power supplies. Also one of tech supports in the office he likes helping and solving problems.

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