Graphics card prices exploded ever since Ethereum started its run into the post-$3000 territory. Scalping, hoarding, and mining have plagued both NVIDIA and AMD’s GPU offerings over the last two years, almost entirely ruining this generation of hardware for gamers. Things have, however, started to move in the right direction, a direct result of the steep decline in Ether prices. Data compiled by TechRadar shows that in the last 2-3 months, the prices of NVIDIA’s RTX 30/20 series GPUs have fallen by 20-25%.
The older GTX 10-series cards have gotten a bigger price cut, bringing them quite close to their official MSRPs for the first time in over a year. The GeForce GTX 1060 3GB is now going for $187, the GTX 1050 Ti for $168, the GTX 1050 for $122, and the GTX 1080 Ti for $557.
Meanwhile, the RTX 30 series parts have also undergone healthy price corrections. The GeForce RTX 3070 Ti which is one of the most popular GPUs in the US, UK, and Germany has come down to $1,058 (from $1,281 in December 2021). The RTX 3070 has fallen to $973, still priced nearly 2x over its MSRP of $499.
Meanwhile, the GeForce RT 3060 has fallen to affordable, yet not practical levels. From $789 in December, the “budget” SKU is now selling for $642. The GeForce RTX 3060 Ti has seen a smaller drop, going from $916 in December to $825 at present.
March is supposed to bring the largest drop in graphics card prices in recent years. We expect GPU prices to come within 20-40% of their MSRPs by April, and possibly within 10% by May or June.