GPU Pricing Future

[Perrin]

Will GPU pricing go back down in the near-ish future or should I just spend a lot and go ahead and get a new (probably 3060) at the current price point?

[Donut417]

3 minutes ago, Perrin said:

Will GPU pricing go back down in the near-ish future or should I just spend a lot and go ahead and get a new (probably 3060) at the current price point?

If you live in the US probably not. Between the inflation, the tariffs and on going labor difficulties I don’t see prices really going down to much. 

[Perrin]

Just now, Donut417 said:

If you live in the US probably not. Between the inflation, the tariffs and on going labor difficulties I don’t see prices really going down to much. 

Good point. Thank you

[RONOTHAN##]

You're probably better off looking at older card like 2080s and 1080Tis, both will outperform the 3060 for less money. None are good deals, but since estimates put the chip shortage lasting for another year at the minimum, it's probably your best bet.

[Perrin]

Just now, RONOTHAN## said:

You're probably better off looking at older card like 2080s and 1080Tis, both will outperform the 3060 for less money. None are good deals, but since estimates put the chip shortage lasting for another year at the minimum, it's probably your best bet.

Makes sense, I have a 1660 so Ill probably just wait it out

[jones177]

It depends how you look at it.

 

I just bought a EVGA FTW3 Ultra 3080 ti for about $50 less than I payed for a EVGA FTW3 Ultra 2080 ti in 2019. 

So I am paying about the same. 

 

I can pay more than MSRP but I am getting cards without.

[YoungBlade]

Cryto mining will determine what happens here. The demand from gamers is mostly static, but the supply is increasing all the time. In a normal market, with this many cards being made, the prices would crash. However, this doesn't happen, because the demand from miners is all but infinite. A graphics card is a money printer to them, so they want as many as possible.

 

If Ethereum goes to proof of stake at the end of the year, then it could finally relax mining demand. The result would be a huge shift in the market that would drop prices in short order to near what each card is worth to gamers compared to the cards they currently have, likely around the value of the 20 series, which isn't great but is way better.

 

If crypto has a crash, then prices will plummet below MSRP as miners sell off the cards to recoup losses.

 

Cryto is the only thing that matters for this question. Nvidia and AMD could literally each make a billion cards and it wouldn't matter as long as the price is lower than about 3-6 months of mining profit. Miners will buy as many as they possibly can at such prices, so the demand from gamers is irrelevant.

[Donut417]

1 hour ago, YoungBlade said:

Cryto is the only thing that matters for this question.

Not exactly. Prices are subject to a lot of things. TSMC raising prices. Stores having to raise wages to get help. The tariffs on Chinese goods. All of this adds in to the price. Not to mention stores wanting to make mass profits, they are businesses after all. 

 

1 hour ago, YoungBlade said:

If crypto has a crash, then prices will plummet below MSRP as miners sell off the cards to recoup losses.

It has crashed. And every time it does, its down for a day or two and it rebounds. Bitcoin is back over $60,000 USD. While Bitcoin is not mined on GPU's it sets the tone for all other crypto currencies. And the fact is Bitcoin is back to $60k with China full out banning it. I dont think miners are going to be dumping cards any time soon. 

[YoungBlade]

18 minutes ago, Donut417 said:

Not exactly. Prices are subject to a lot of things. TSMC raising prices. Stores having to raise wages to get help. The tariffs on Chinese goods. All of this adds in to the price. Not to mention stores wanting to make mass profits, they are businesses after all. 

 

It has crashed. And every time it does, its down for a day or two and it rebounds. Bitcoin is back over $60,000 USD. While Bitcoin is not mined on GPU's it sets the tone for all other crypto currencies. And the fact is Bitcoin is back to $60k with China full out banning it. I dont think miners are going to be dumping cards any time soon. 

Given the shear number of cards in the wild, prices would be below MSRP if crypto didn't exist. Yes, there are other factors, but they just don't matter in comparison. The price is tied to the crypto market - the correlation is basically 1:1.

 

And, no, the market has not crashed. If the Stock Market Crash of the 1920s had only lasted a few days, I wouldn't be able to unironically capitalize it, and no one would remember it. A dip for a few days is not a crash.

[xg32]

it's probably gonna get worse til at least 2023, the release of next gen won't help, in fact we'll probably see pricing truly unleashed, there are 3080s going for around 1300usd and 3080ti for 1600usd~ which isn't all that bad compared to the peak, considering the cards will never fall to msrp

[Koko_CD]

I wouldn't hope on it if these rumours are true...

 

Nvidia-allegedly-halting-RTX-3000-production-this-October-to-keep-prices-as-high-as-possible

[Montana One-Six]

2 hours ago, Koko_CD said:

I wouldn't hope on it if these rumours are true...

 

Nvidia-allegedly-halting-RTX-3000-production-this-October-to-keep-prices-as-high-as-possible

Don't believe what MLID says which also means don't believe anything that has MLID as the source. He creates drama for clicks and his "sources" are just him making shit up or repeating more credible leakers. 

 

NVIDIA doesn't benefit from high street prices so why would they want to keep street-prices high?

[YoungBlade]

5 hours ago, Koko_CD said:

I wouldn't hope on it if these rumours are true...

 

Nvidia-allegedly-halting-RTX-3000-production-this-October-to-keep-prices-as-high-as-possible

I certainly think Nvidia is capable of doing shady and underhanded things for their own benefit, but this would just be irrational. Why surrender 3 months worth of profits for the hope of slightly higher profits in the future? And that is not guaranteed, because of what the article points out: Ethereum going to proof of stake could hurt GPU prices.

 

In a monopoly, sure, Nvidia could do this, but first, they wouldn't need any excuse to raise prices (like what Intel did in the HEDT and server space for the last decade) and second, the GPU market is not a monopoly. Heck, it won't even be a duopoly anymore come next year.

 

The only way this would make sense is if Nvidia, AMD, and Intel are colluding to jack up prices, which is outright illegal and, frankly, doesn't make much sense, either. Why collude and risk getting caught when prices are already at an all-time high?