Graphics card prices may rise again in 2023, not because of miners or greedy vendors but because of tariffs. During the initial stages of the US-China trade war, additional duty taxes were imposed on electronics, including graphics cards. Courtesy of an exemption, both NVIDIA and AMD could avoid them through most of 2022. The same exemption expires on the 31st of December, right at New Years’.
There is a good chance the US Trade Administration will renew the tariff exclusion on graphics cards. Still, there is a real possibility of the import tax going into effect from January 2023. If the latter materializes, we’ll see a 25% tariff on graphics cards, motherboards, processors, and laptops. Given that the Trump administration imposed this tariff, then added it to the exclusion list, and then was ignored by the successive Biden administration, I’d say there’s nothing to worry about.
Even if the exclusions are removed, it’ll be a while before the revised prices come into effect. Midrange SKUs such as the RTX 4060, 4060 Ti, and 4070 ought to see minor price bumps, while the higher-end offerings, most notably the RTX 4080 and 4090, will be affected.