According to reports from China, NVIDIA may be preparing to apply another price drop for RTX 30 series graphics cards . As reported by VideoCardz, Chinese website ZOL reports that NVIDIA may reduce the cost of graphics cards by the end of August . This is undoubtedly the kind of move that will respond to the current state of the market.
The report states that AMD will join its rival in lowering the manufacturer’s suggested retail price (MSRP) for its Radeon 7000 series cards. In addition, MyDrivers states that NVIDIA’s price cut will be “bigger than AMD” .
Next-Gen Cards and the Biggest Reason for Crypto Price Drop
The real question is how big these price drops will actually be. After all, we’ve seen retail prices drop in recent months to the point where many graphics cards can now be purchased below retail price. The biggest example of this is EVGA , one of NVIDIA’s board partners, slashing the price of some RTX 3090 Ti models by an enormous $1,000 . Not so long ago, cards were sold at inflated prices in excess of $1,000. The RTX 3080 , for example , can be found on eBay for less than $650 . This price tag is quite low compared to the average selling price of $1000 before the market stabilized.
This situation is unprecedented to say the least, but there are several reasons to explain the normalization of the graphics card market. One of the factors contributing to the decline in prices is due to the cryptocurrency industry crashing everywhere. Also, there are only a few months left to the next generation of RTX 40 and Radeon 7000 cards , which will have a significant impact on motherboard demand.