Early last month,Foreign GPU graphics card prices have dropped significantlyThis seems to be just the beginning, because according to the latest statistics on AMD and NVIDIA graphics card prices in Europe from foreign websites, in just about one month from the end of May to the beginning of July, NVIDIA graphics card prices fell by 80%, and AMD also fell by more than 20%, which was more than the period from the end of April to the end of May.
This also means that people who are interested in buying graphics cards can wait a little longer. Maybe the price of graphics cards will return to normal in another month and you can buy them at the original price.
AMD, NVIDIA graphics card prices continue to collapse
according to germany 3DCenter According to the latest statistical report on the website, the prices of AMD and NVIDIA peaked in mid-May, and then began to collapse, especially for NVIDIA. Although it slowed down for a while in mid-June, and AMD graphics cards even rose slightly, the good times did not last forever, and fell by 30~40% in half a month:

This also means that NVIDIA and AMD graphics cards have returned to February prices. In addition, the graphics card models counted in this chart are NVIDIA’s 30 series (3060, 3060Ti, 3070, 3070Ti, 3080, 3080Ti, 3090), and AMD’s 6000 series (6700XT, 6800, 6800XT, 6900XT).
The continued plummeting is actually quite normal. After all, China’s crackdown on cryptocurrency mines became more severe at the end of June. The prices of well-known cryptocurrencies such as Bitcoin and Ethereum also continued to fluctuate. Many miners began to sell graphics cards in large quantities to reduce losses, thus suppressing graphics card prices.
In addition to Germany, Wccftech’s latest statistics on graphics card prices in the US market are similar. The price of 7/4 is lower than that of 6/20 for both AMD and NVIDIA graphics cards:

Emerging markets are no different, with Pakistan also seeing a 20% drop in NVIDIA 30-series graphics cards, and it doesn’t look like it’s stopping:

I have to say that I feel really happy after reading it. The graphics card product should not have been so high in the first place, and I guess that even if the cryptocurrency skyrockets again in the future, the price of graphics cards will not rise as much as it did from last year to this year. After all, new cards now have mining restriction mechanisms.
Source: KOCPC Chinese
