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NVIDIA RTX 30 Series Shipments Reportedly Halted Till August on Account of Ether Crash

It looks like graphics card prices won’t be returning to normal this quarter after all. With the Ethereum prices continuing to fall, it initially seemed like GPU prices would return to normal within a month or two. However, the situation is more complicated than that. According to sources, NVIDIA has halted (postponed) the shipments of its GPUs to partners till ending July/early August.

This reportedly applied to all Ampere SKUs, most likely due to second-hand models flooding the Asian markets. NVIDIA really doesn’t want a repeat of the 2019 crypto-hangover from the look of things. So much so, that it’s willing to postpone GPU shipments to AIBs voluntarily. Of course, this info isn’t official so it’s hard to say anything for sure, but it wouldn’t surprise me one bit if it’s actually true.

Pair this with the increasing GPU memory (GDDR6) prices in the coming months, and prices are expected to stay on the higher-end of the spectrum in the third quarter, albeit still lower than present prices. In case you missed that bit, GDDR6 memory prices are expected to rise by 8-13% in the third quarter of the year, pushing the price of already expensive raw materials even higher.

Source: Mydrivers

Areej

Computer Engineering dropout (3 years), writer, journalist, and amateur poet. I started my first technology blog, Techquila while in college to address my hardware passion. Although largely successful, it was a classic example of too many people trying out multiple different things but getting nothing done. Left in late 2019 and been working on Hardware Times ever since.
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