Both AMD and NVIDIA have been affected by the global chip shortage, which has led to a low supply of GPUs in the market. Pair that with scalpers and cryptominers looking to bulk-buy whatever cards do hit the shelves, and it’s not been a good time for PC gamers looking to build or upgrade their rigs.
What cards are available through scalpers are often so marked-up in price that even the mid-tier cards are out of many people’s budgets. But things are looking up for gamers as improved availability is bringing the prices back down to normal.
This news comes from 3DCenter’s latest report, which indicates that the worst phase of the GPU shortage has passed and that supply is returning to normal, as seen with various European retailers.
In just the last month, GPU prices had peaked to an astounding three times the MSRP. In addition, NVIDIA GeForce graphics cards saw a spike of 3x the MSRP while AMD graphics cards saw a spike of 2x the MSRP. This report shows us that the situation is improving but that there is also a long way to go before we get back to true normalcy.
According to the report, even though NVIDIA’s GPUs are available in higher quantities than AMD GPUs, GeForce cards were sold out everywhere.
This is most likely to be blamed on the cryptominers, which have since reduced due to the crash of Bitcoin and Ethereum, two of the most lucrative cryptomining algorithms to GPU miners. That paired with the release of NVIDIA’s LHR series is now urging the same retailers to reduce the prices on the GeForce RTX 30 series gaming cards.
Graphics Card Prices in 🇩🇪🇦🇹 June 20, 2021
AMD: No major changes.
nVidia: Availability goes up greatly. Prices go down again, from average +133% best price over MSRP (end of May) to now +91%.
Still a long way to go.https://t.co/qstKFcg8lspic.twitter.com/obcyAM7D5Z
— 3DCenter.org (@3DCenter_org) June 21, 2021
Non-LHR NVIDIA GeForce cards are still available in abundance with the retailers detailed in the report. We can expect them to continue to charge high prices for these cards as they are still in demand with cryptominers.
There is also an ongoing price war between retailers, which has prompted a significant readjustment of NVIDIA’s GPU lineup prices. This is an excellent shift from the peaks the market witnessed last month, but it remains to be seen if this trend will continue.
On the other hand, AMD’s RX 6000 series has been a bit of a mixed bag, and the prices haven’t changed that much from what they were, but there are still signs of recovery, especially in the supply of the cards.
The RX 6000 series have been available much less when compared to the NVIDIA counterparts, but this may soon change as the company makes more mainstream offerings available, reducing the burden on its high-end GPUs.
PC gamers are probably breathing a sigh of relief looking at this report, and hopefully, we’ll start seeing GPUs online without the insanely inflated prices we’ve come to dread so much.
About Advanced Micro Devices
Advanced Micro Devices (AMD) is an American multinational semiconductor company headquartered in Santa Clara, California.
AMD develops computer processors and related technologies for business and consumer markets. AMD’s main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations, personal computers and embedded system applications.
NVIDIA Corporation is an American multinational technology company incorporated in Delaware, based in Santa Clara, California. They design graphics processing units (GPUs) for the gaming and professional markets, as well as system on chip units (SoCs) for the mobile computing and automotive market.
Best known for the “GeForce” lines of GPUs, they are a direct competitor to AMD’s “Radeon” series. NVIDIA has also expanded its offerings with its handheld game consoles Shield Portable, Shield Tablet, and Shield Android TV and its cloud gaming service GeForce Now.