Gamers were worried about getting shot at long range and losing a match, but now they live in fear of GPU failure. A combination of factors has pushed video card prices into the stratosphere, and there is no sign that they will return to earth anytime soon. In fact, the data collected by 3DCenter indicates the pricesincreasingin the past month.
The GPU shortage escalated in early 2020 as the COVID-19 pandemic sent millions into lockdown. This encouraged locked-in players to consider late upgrades, which tightened the supply. And then there was the rapid rise in cryptocurrency values throughout 2020 and 2021, and since GPUs are used to mine many cryptocurrencies, gaming hardware often found its way into platforms. mines where their video outputs would remain unused. On top of all this, the current semiconductor shortage had already limited supply, so powerful video cards quickly became scarce and expensive.
At the height of the pandemic, it was not uncommon to see the latest 30 Series RTX cards selling for thousands of dollars on eBay and Amazon. Fortunately, prices have come down a bit, but illusions about a return to normal in the short term are now dispelled. Based on 3DCenter data, Nvidia cards now exceed 72% of MSRP. Meanwhile, AMD cards are in even worse condition at 83% compared to MSRP. More importantly, trends are changing in the wrong direction. Last month, the same data set showed prices for Nvidia and AMD cards increased by 70% and 74%, respectively. This is most likely due to a rise in crypto prices.
It is important to note that this data is from Europe, but other regions come close to these values. On the contrary, GPUs in North America are a bit more expensive. The price difference also varies depending on the card. While high-end GPUs like the RTX 3080 are still extremely expensive, mid-range offerings like the 3060 can seem almost healthy. And yet you should not spend almost a thousand dollars on a GPU that would normally cost between $ 400 and $ 500, unless you really don’t have any other options.
If there is a silver lining, it is that there are more cards available these days. In 2020, it was rare to even find a card in stock anywhere, even though its price was horrendous. These days, the prices are still high, and they could climb further for the holiday season, but at least you can buy one if you really need to. That said, you should probably hope that your current GPU can limp for a few more years.