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Report: AMD And Nvidia GPU Prices Reportedly Cut By Additional 18%

Cryptocurrency craze has been significantly reduced and with it, GPU prices came down due to a flood of second-hand GPUs in the market. Now a new report has come is suggesting that Nvidia and AMD GPU prices have dropped an additional 18%.

This is according to 3dcenter, who revealed that GPU prices have gone down an additional 18% with the cryptocurrency craze fading away. Reportedly, the GPU prices dropped between 8% and 18% depending on the GPU.

The price drop for GPUs started to show in the first week of July. The Radeon RX 570 4GB saw the 18% price drop while the price drop for Nvidia GPUs was relatively low.

Nvidia and AMD GPU prices

From a point of view of a customer, this price drop is a good thing as there is also an abundance of 2nd-hand GPUs in the market.

However, this could potentially lead to delays for next-gen Nvidia and AMD GPUs as both will be trying to clear out their previous stock before launching the new one.

This falls in line with the previous report that 300,000 Nvidia GPUs were returned by a major OEM.

Reportedly, the OEM overestimated the popularity of cryptocurrency craze and when it all went down, returned 300,000 Pascal GPUs to Nvidia.

With Nvidia having a considerable stock of current-gen GPUs, it is unlikely that Nvidia will be rolling out next-gen GTX 1180 or other GPUs when it has a significant stock for its current-gen GPUs. However, take it with a grain of salt as this is not confirmed by Nvidia officially.

While we are looking at price drops for Nvidia and AMD GPUs in the market, however, there is a certain sector in the GPU market where GPU prices have increased and the credit goes to GeForce Partner Program(GPP).

Earlier this year Nvidia introduced Geforce Partner Program(GPP) which required the AIB partners to make their particular brand Nvidia exclusive.

As a result of this, ASUS ROG Strix was made Nvidia GPU exclusive brand and ASUS came up with AREZ Strix brand for AMD GPUs.

Now reportedly, the ASUS ROG Strix Radeon RX Vega 64 is priced at USD $589.99 while the AREZ Strix Radeon RX Vega 64 is priced at $749.99. This is $160 premium for just the rebranded sticker.

What do you think of the GPU price drops? Will it have an impact on the release of the next-gen Nvidia and AMD GPUs? Let us know your thoughts in the comments.

Source: 3dcenter