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GPU pricing is expected to drop in July

Nvidia made too many GPUs before the mining bust

GPU pricing is expected to drop in July

GPU pricing is expected to drop in July

Over the past year, GPU demand from cryptocurrency miners has been high, taking every modern GPU from store shelves and inflating graphics card pricing to insane levels. During this time manufacturers couldn't make enough GPUs, causing supply issues in other areas in the marker like GDDR memory and other sectors.  

In early 2018, the price of every major cryptocurrency was hit hard, lowering the value of these virtual currencies while making the mining of these digital coins a lot less profitable. This change has driven most small-to-medium sized cryptocurrency mining operations out of business and decelerating the expansion of larger mining operations. 

During the mining boom, Nvidia has reportedly built too many graphics cards, leaving them in a position where they have too many GTX 10 series graphics cards in stock to release their next generation of GPU hardware. 

This situation comes at a doubly bad time for Nvidia as their 10-series of graphics cards is now over two years old, leaving a lot of PC gamers unwilling to invest in what may soon be last-generation graphics hardware. DigiTimes has reported that their "sources from the upstream supply chain" expect to see an average drop of around 20%, which should be enough for Nvidia to get rid of their excess of 10-series graphics cards before their 11/20 series launch. 

GPU pricing is expected to drop in July  
Dwindling mining demand will also see the profits of foundries like TSMC, Samsung and GlobalFoundries drop a little in the coming quarters, as demand for graphics cards and mining ASICs dwindle. 

You can join the discussion on GPU pricing being expected to drop in July on the OC3D Forums

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Most Recent Comments

29-06-2018, 16:23:34

AngryGoldfish
I wonder how many 'should I wait for next-gen or should I buy a 1080Ti for €700' threads there will be?Quote

29-06-2018, 17:46:35

NeverBackDown
An endless amount. Should probably sell my 1080 now..Quote

30-06-2018, 04:20:29

AlienALX
lol who was it who said I was wrong again? oh yeah, the dude I have on ignore.

Man from Taiwan is never wrong, ever.

I like how this all went. It lasted just long enough for Nvidia to make a buttload of cards, then died leaving them holding the baby just as I said it would.

AGF - I can answer that right now (the thread title). Buy a 10 series. Main reason is these are out of Nvidia's hands now and old stock. Thus, you *will* get a better deal on these than any new card Nvidia jack the price up on.

I bought my GTX 470 when stocks were piled up for £174. I paid £25 for a Zalman cooler. Then the 570 came out at around £300, I overclocked and pretty much had the same card.

Unless you want bleeding edge performance? *always* avoid the new cards and wait for deals on the older ones.Quote

30-06-2018, 04:38:32

NeverBackDown
If you are referring to me being on your ignore list you sure do post regarding me a lot. Kinda useless.

As for your man he wasn't really right. Everybody is reporting this because of the expected next gen cards. It doesn't take an "insider" to figure this outQuote

30-06-2018, 04:45:22

AlienALX
Quote:
Originally Posted by NeverBackDown View Post
If you are referring to me being on your ignore list you sure do post regarding me a lot. Kinda useless.

As for your man he wasn't really right. Everybody is reporting this because of the expected next gen cards. It doesn't take an "insider" to figure this out
No I wasn't referring to you or else I would not be typing this

As it happens the information, as usual, came from Asus in Taiwan. I would imagine Asus have played it about as safely as they could, as they could see it as a finite entity.

I guess we will find out who made the most once OCUK start dropping the prices on them lol.Quote
Reply
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