Nvidia GTX 10 Series Pricing Will Continue To Rise According To Reports
Nvidia GTX 10 series GPUs have been very popular with gamers and even now they are out of stock in most places due to cryptocurrency miners that are buying all the GPUs that they can get their hands on. Even though Nvidia is not going to release Volta for the consumer market yet, that does not seem to affect sales.
Nvidia GTX 10 series graphics cards prices have increased over the past 6 months and we have seen a 25% increase in price. This is partly due to miners that are causing the rift between supply and demand and partly because of the shortage of DRAM.
We talked about how memory manufacturers are stressing their resources towards making memory for smartphones and mobile devices instead of GPUs. That makes sense as the PC market has been on the decline while the mobile market has been prospering pretty well. They are just doing what is good for business. But that is increasing the prices of DRAM and in turn, graphics cards.
According to Mizuho’s chief semiconductor analyst:
“Our checks with the leading GPU and motherboard OEMs indicate SepQ GPU card trends are very strong, with card shipments coming in ~30-50% ahead of flat q/q expectations on strength from cryptocurrency mining. Cryptocurrency demand is driving strength in NVDA’s GTX 1060/1070 cards. The GPU/motherboard OEMs also noted GPU pricing was up ~25% in the last six months”.
It seems that this is just the beginning and we will see higher prices in the months to come. According to the analyst, prices will increase until the end of this year. While AMD Vega is out of stock, Nvidia GTX 10 series GPUs are very expensive. It might not be the best time to buy a GPU. The analyst further stated:
“The OEMs also noted zero inventory of GPUs in the channel and constrained short DRAM supply and pricing also affecting GPU shipments. Coming off a very strong SepQ, there are also expectations in the supply chain that DecQ GPU sales could be muted in pricing and demand on recent cryptocurrency bans and DRAM shortages”.
Let us know what you think about the increased prices of the Nvidia GTX 10 series GPUs and whether or not you have been affected.