Next is the 3070 Ti SUPRIM X made by MSI. While this price is still well above the $499 MSRP, it’s significant progress. This same card sold for $1,100-1,200 just several months ago. Starting off with Nvidia, the RTX 3070 TUF OC from ASUS is down to $769 on Newegg. To highlight the changing market conditions, we’ve put together a few examples of graphics cards with fresh price cuts that are in stock right now at various major retailers. Either way, we’ve noted immediate price cuts on some models within the past 24 hours, which shows some manufacturers, distributors, and retailers will take a reactionary approach to graphics card prices. Some of these price drops may have also been anticipatory of the renewed tariff exemptions as well.
#GRAPHICS CARD SHORTAGE PLUS#
We initially hypothesized this was due to the increasing difficulty for crypto miners to turn profits, plus the fact that Ethereum is set to artificially kill its GPU mining viability this summer.
The past two weeks have marked some of the most notable decreases by far though. Since the all-time high of spring 2021, pricing has been on a slow, but consistent downward trend, with the holiday season being the obvious exception. And the situation now looks set to recover throughout the year. We’ve been closely monitoring pricing and availability since the graphics card shortage began in 2020. Last year’s AIB prices neared $1000 for some models, despite the claimed MSRP of $480. The 6700 XT is falling rapidly in price at Micro Center. Add in the fresh savings of tariff exemptions, and we’re sure to see prices continue the downward trend. However, the decreased demand from crypto miners combined with the partially satisfied demand among the gamer crowd has finally resulted in better conditions for graphics card pricing.
#GRAPHICS CARD SHORTAGE PC#
This has in turn contributed to the perfect storm of events that’s made the PC gaming market unattractive to average consumers over the past 18 months.Įven today, list prices still remain well above Nvidia’s original MSRP for most models. New graphics cards were made substantially more expensive than previous generations. Even still, the unilateral move by AIBs to raise prices angered a lot of consumers. This made the subsequent price hikes for consumers of little surprise. The immediate result at the time was that AIBs, particularly those with manufacturing based in China, raised prices substantially to account for the import cost increases.Ĭomponents such as graphics cards are traditionally considered low margin products. These tariffs were imposed back in January 2021, when exclusion clauses expired for Chinese imports including computer hardware and components.
#GRAPHICS CARD SHORTAGE SERIES#
The Office of Trade Representatives just announced that various computer hardware items including PCBs and more will no longer be subject to the 7.5-25% tariff fees that drove prices up shortly after the Nvidia RTX 30 Series and AMD Radeon RX 6000 Series launched. We’ve already noted multiple improvements in the opening months of this year, but the US government’s recent announcement marks another major milestone for getting things back to normal. If 2021 goes down as the worst graphics card shortage in history, 2022 may be characterized as the greatest recovery for prices and availability.
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