According to experts, prices for new and used GPUs are at record lows. While the price of current-generation GPUs peaked in early 2022, they are now cheaper than six months ago. The used GPU market has also benefited from the Crypto trading slump, with prices for AMD’s Radeon RX 6600 series falling to MSRP levels.
Nvidia GeForce RTX 3000-
These series of graphics cards are still in excessive demand. There are three primary reasons why Nvidia’s RTX 3000-series GPUs are still oversupplied. The first is the ongoing COVID-19 outbreak, which has disrupted the global supply chain and made it difficult to obtain products, including the RTX 3000-series.
The second reason is that the crypto-related market has driven GPU prices to absurd levels. The cryptocurrency boom has increased prices, but the GPU shortage is getting even worse. As a result, people have stopped caring about buying new GPUs and instead settled for older models. Some gamers have even resorted to buying new gaming consoles instead of purchasing a new GPU.
The third reason is that Nvidia has taken steps to reduce the appeal of these cards among miners. The price of the cards will probably never drop below MSRP again, even if the cryptocurrency price continues to tumble. As a result, if the cryptocurrency price continues to fall, Nvidia will have to cut its shipments. Moreover, it cannot increase production volumes because of the ongoing wafer pricing war with Samsung.
The price of AMD’s Radeon RX 6000 series GPU is now a fraction of its MSRP. As cryptocurrency prices continue to tumble, you can now find AMD’s card for a much lower price than you’d expect to pay. Additionally, AMD’s RDNA2 desktop graphics card has dropped below MSRP in Europe and is now 92% less than its suggested retail price. AMD has also improved the availability of Radeon RX 6000 series GPUs, which were previously hard to find. In early 2021, the Radeon RX 6800XT was almost impossible to find.
The recent cryptocurrency meltdown has affected cryptocurrency prices, but the good news is that it has lowered the price of AMD and Nvidia graphics cards. AMD and NVIDIA have restocked their cards in the past few days, and prices are tumbling. As a result, you should find a new card for less than half of its MSRP or even below half.
AMD’s Radeon RX 6600 series GPUs are still within spitting distance of MSRP
AMD’s Radeon RX 6200, RX 6600, and RTX 3060 are within spitting distance of MSRP despite the recent price reduction. Currently, the suggested retail price for these cards is $329. However, these cards are already selling for more than half of that price. Moreover, the RX 6600 XT is priced at $379.
AMD’s Radeon RX 6200 graphics card uses AMD’s ‘RDNA’ 2 architecture, which supports gaming PCs, consoles, and mobile devices. Its support for Microsoft’s Windows 11 operating system and AMD’s open-source FidelityFX Super Resolution spatial upscaling solution helps improve framerates in select games. As a result, it eliminates the need for the system bus.
As for its performance, the RX 6600 has a decent 1080p gaming performance. However, it lacks ray tracing and cannot take advantage of NVIDIA’s DLSS technology. As such, the AMD RX 6600 has soft ray tracing performance, but it is still within spitting distance of its MSRP.
The MSRP for AMD’s Radeon RX 6900 graphics card has fallen below the list price for the first time. The company sells these cards to clear its shelves and make room for newer products. AMD’s RX 6900 XT is still within spitting distance of MSRP, but it is unlikely to reach that mark shortly.
Prices are now returning to normal at retailers, with a wide range of GPUs available below their MSRP. The GPU market is also benefiting from the cryptocurrency crash, making mining with GPUs unprofitable and has caused miners to move their GPU inventory to the second-hand market.
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