GPU Market Pricing Back in Uptrend, Shattering Expectations of Price Normalization

[Raevenlord]

According to the latest market pricing analysis conducted by 3DCenter, the falling GPU prices we reported two months ago are now in the midst of a reversal. The latest figures show an increase in average pricing for both AMD's RX 6000 series and NVIDIA's RTX 30-series graphics cards. The hike has been most felt on the NVIDIA camp, with average pricing increasing around 9%, while AMD graphics cards saw an increase of 6%. This places the latest pricing average for graphics cards from both companies at 59% above MSRP for NVIDIA, and 64% for AMD.

While the increase is still a far-cry from the ridiculous markups felt during the month of May (where NVIDIA graphics cards were being sold at an average 304% of their MSRP value and AMD's where going for around 202% of their MSRP), this trend reversal is a clear indicator of a continued inability to cater to the pent-up demand that's still being trickle-filled since the original release of these GPU families. And this happens despite numerous positive signals happening within the last few months, such as the crypto crackdown in China, which saw hundreds upon hundred of mining-bound graphics cards being resold towards the secondary market. Also of note for an eventual positive price action was the recent reduction in Ethereum profits for miners due to the implementation of Ethereum's EIP-1559 proposal - which has already seen 136,619 ETH being burned as a part of transactions run on the network - the equivalent of $433,768,155 at current ETH pricing. And with news that shipments of NVIDIA's RTX 3060 and 3060 Ti graphics cards will be halved throughout September, paired with a TSMC price hike for newly minted wafers, it seems that an upwards pressure on GPU pricing is inescapable.



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[Chomiq]

My only hope is buying FE through NBB in Germany with B2B order.

 

[nguyen]

My only hope is buying FE through NBB in Germany with B2B order.

Or join a pro Dota2 team, higher chances to win The International than it is to get a GPU at MSRP

 

[ZoneDymo]

siiiiiigh.....great, fan ffing tastic....good stuff....love it

 

[Eskimonster]

Tomorrow for the first time there should be a 3080 for sale under 1k$, and youre telling me its over already

 

[Bomby569]

I managed to dump my almost 2 year old rx5700 and buy a brand new 3060ti 3 triple fan for the same money. So let's role the dice again, i may end with a 3080 this time.

 

[RedelZaVedno]

RIP DIY PC GAMING RIGS

 

[TheDeeGee]

A Strix 3060 Ti still costs €1011 here in the Netherlands.

I have officially given up on getting a new card.

Hopefully Intel will make a dent in prices, and the 4000 series will be cheaper.

 

[Bomby569]

A Strix 3060 Ti still costs €1011 here in the Netherlands.

I have officially given up on getting a new card.

Hopefully Intel will make a dent in prices, and the 4000 series will be cheaper.

you can easily find a 3060ti for around 650€ and not the cheapest models either.

 

[Vya Domus]

you can easily find a 3060ti for around 650€ and not the cheapest models either.

As if that's amazing...

 

[P4-630]

I just want a 3080 @ 800-900 EUR

 

[Deleted member 24505]

Only good thing is, older cards will go up as well. My 980ti is worth more than i paid for it, will probably go up too

 

[Dave65]

So happy I am not looking for a GPU, my 5700xt still does what I need it to do.

 

[Bomby569]

As if that's amazing...

as if that has any relation to the quote i was replying to

 

[neatfeatguy]

Only good thing is, older cards will go up as well. My 980ti is worth more than i paid for it, will probably go up too

I thought about trying to sell my 980Ti cards off on ebay or amazon, but I felt like I'd just be screwing others over trying to get the very top dollar for them that I could. Plus, I've had horrid dealings with some folks off ebay and amazon before (lot of lying pieces of shit) so I offered them up on TPU. Hopefully the couple of people they went to, they can make good use out of them for a bit longer.

 

[Ruru]

I'm not surprised at all. I've heard expectations that maybe in 2022 we could see more sane prices with GPUs.

Only good thing is, older cards will go up as well. My 980ti is worth more than i paid for it, will probably go up too

Damn that I sold mine too cheap, I thought that it was somewhat defective as I had to underclock it from its factory OC, but it probably had some incompatibility with my PSU.

 

[Vayra86]

I'm going to sit on this 1080 and will move to legacy games if the trend becomes a norm, tbh. Maybe, just maybe I'll drop 500ish once again on a solid GPU, but certainly not this gen.

Even if you get it this gen, we're already late in it while the price hasn't moved along with its age. F that, its Turing SUPER all over again minus the better offer. Remember what happened to that 2080ti price point. Remember it well

 

[TheoneandonlyMrK]

Well I really am going to get my money's worth out of this vega64 then tut.

 

[DemonicRyzen666]

Why are we not talking about Hardware Unboxed's video on factors of Gpu prices​

especially the poll ?

Gamers can't take responsibility for the problem?
The people who think they're the least problem are actually most problem
I know there are going to be slow downs when people catch Co-vid19 but, we should be able to keep running with out problems.
At this point it really almost seems like price fixing.

 

[Sithaer]

Yeah this is also a reason why I bought a second hand GTX 1070 ~1 week ago.
Done waiting for this crap when its not getting any better especially where I live.

I paid around the relase MSRP price for this 1070 but considering everything its was actually a decent deal here 'and yes that sounds bad cause it is..'.
So ye now I'm gonna sit this whole crazy times out with this and stop caring about it, heres hoping it wont die on me until then.

Its also kinda funny that I sold my RX 570 for almost the same money as what I paid for it in 2018 and this was only a 4GB model, ofc I'm not complaining but thats just shows how bad this is.

 

[freeagent]

I got super lucky and found one for retail but I had to buy a psu with it. It was just by chance too, wasn’t in the market for scalper pricing even from stores. Got really lucky.. hopefully some of you guys can find the same kind of luck. My 980 was still ok, my GTX 580 on my other machine was floundering.

 

[Deleted member 24505]

I'm not surprised at all. I've heard expectations that maybe in 2022 we could see more sane prices with GPUs.


Damn that I sold mine too cheap, I thought that it was somewhat defective as I had to underclock it from its factory OC, but it probably had some incompatibility with my PSU.

I paid £190 for mine a few weeks ago, deffo more than that on Ebay

 

[Drone69]

I got lucky getting a Pallit 3070 for £550.

 

[Chrispy_]

ETH miners are the #1 demand in the GPU supply/demand system, and in case nobody has been paying attention, the ETH value has gone back up again and is even showing signs of stability. That's a double incentive for miners to try and buy GPUs.

The network hashrate is a measure of total GPU power of all ETH miners globally, and it is now higher (so more GPUs are mining) than the highest peak in May that really made the GPU prices go from bad to crazy:

Gamers will buy one, maybe two cards.

Miners will buy typically dozens of cards, but sometimes tens of thousands; I read an article this morning about a farm that had almost half a million GPUs returned to it after a legal battle. That's half a million GPUs for just one miner.

https://www.theblockcrypto.com/post/115788/china-supreme-court-genesis-mining-gpu-crypto-miner

 

[medi01]

New victims have joined the cryptobubble it seems.