April 17, 2024

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NVIDIA and AMD GPU prices expected to drop by the end of August, Team Green releases tough cuts to clear inventory

NVIDIA and AMD GPU prices expected to drop by the end of August, Team Green releases tough cuts to clear inventory

According to a report by the Chinese tech outlet, ZOLwho are citing their sources within the supply chain, it appears that AMD and NVIDIA GPUs may see further price cuts by the end of August.

NVIDIA and AMD GPUs To Get Cheaper Prices To Buy Later This Year, Green Team Prepares For Strict Price Cut Strategy

It’s only been a few months and we’ve seen GPU Market Collapse in an amazing way. Several factors led to this, such as the collapse of the cryptocurrency, the downturn in the PC market, and the weak general demand due to the expectation of the next generation of GPUs.

According to the news from the supply chain, at the end of August, NV and AMD will take more stringent measures to reduce the price of graphics cards, among which is a larger price cut for NV than that of AMD.

Via MyDrivers (machine-translated)

Currently, most AMD and NVIDIA graphics cards fall well below the MSRPs that were hard to come by for about two years, and now the GPU makers themselves are having a hard time selling them. This has affected both AMD and NVIDIA as shown in their Q2 financials as the gaming dGPU segment is not doing well and overall shipments have taken a big hit. Now, AMD and NVIDIA have decided to drastically lower prices for consumer GPUs, as the green team is reported to be taking some drastic steps to clear its inventory. It is reported that a new series of price cuts may hit the retail sector by the end of August, so we can expect graphics cards to become cheaper.

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Currently, high-end NVIDIA graphics cards such as the GeForce RTX 3090 Ti are available for up to -47.5% below MSRP . prices. If this report is close to the truth, we could see a 50% drop in prices against the MSRP. Moreover, NVIDIA is said to have RTX 3080 12GB graphics card production resumed To handle the excess stock of GA102 GPUs, a chip used for a total of 5 different graphics cards.

So it looks like those looking for a new NVIDIA and AMD graphics card can expect lower prices in the coming months but how does that affect launch and pricing? Next Generation GeForce 40 . GPUs remains to be seen.

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