In the context: The current generation of RTX Ampere and RDNA 2 GPUs from Nvidia and AMD are aging, but it looks like prices could hit MSRP levels soon. After nearly two years of inflated prices and poor availability, this is hardly worth celebrating, but at least the trend is positive for many gamers who have been forced out of the GPU market by scalpers, cryptocurrency miners, and retailers.
Some might be tempted to point fingers at Nvidia and AMD due to the chaotic GPU market we’ve seen over the past two years, but according to analyst John Peddy, it’s mostly been distributors and retailers which raised prices to an unaffordable level.
This was done under the pretense of supply and demand forces beyond their control, but some of the supply has been slowly improving over the past few months. And with governments cracking down on mining, rising energy prices, and Ethereum’s upcoming transition to proof-of-stake consensus, demand has slowed significantly.
Last report from 3DCenter on European prices for GPUs indicates that they are approaching the manufacturer’s suggested retail price.
The post features pricing and availability trends for AMD and Nvidia graphics cards since early 2021 (just like us, but for US pricing), and this update continues to paint a picture of incremental improvement in both areas.
See also: TechSpot GPU Pricing Update May 2022 – Buy Now or Wait for Next Gen?
Nvidia RTX 3000 cards are now averaging six percent above MSRP, while AMD’s RX 6000 series hovers around 2 percent above MSRP.
Our readers are no doubt aware that there seems to be a correlation between Ethereum profitability and GPU prices, and both have seen slow and steady declines over the past five months.
The big picture is a bit more detailed, with some GPUs like the Radeon RX 6500 XT and RX 6600 XT can be found as much as 19 percent below the suggested retail price, while others are still grossly overpriced.
Even the high-end RX 6900 XT can be found 12 percent below Team Red’s recommended price, but the same cannot be said for the RX 6800 and RX 6800 XT, which are listed at 22 percent and 35 percent more than their respective MSRPs.
The only Nvidia GPU that can be found slightly below the suggested retail price is the GeForce RTX 3090. Other high-end models like the RTX 3080, RTX 3080 Ti and mid-range models like the RTX 3070 and RTX 3070 Ti can be found at price from 5 to 12. percent above MSRP. The worst choice in terms of cost right now is the RTX 3060 Ti, which sells for 21 percent more than Team Green’s recommended price.
Of course, GPU prices vary by region and vendor, but the downward trend has continued for several months now. As we noted in our last monthly GPU pricing report, the dilemma now is that a new generation of graphics cards should be released later this year, so buying cards that are already one or two years old – which has been a moving target – – even if found at MSRP, it may not be the best choice.
On the other hand, there seems to be more room for price cuts for mid-range and high-end graphics cards, with old cards on eBay also falling in double digits on a monthly basis.
In addition, Nvidia is working on lowering manufacturing costs, which should more than offset higher wafer prices. Meanwhile, the updated AMD RX 6×50 XT cards can be found at or close to the suggested retail price, at least in the US.