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{"id":9165,"date":"2022-07-03T14:38:38","date_gmt":"2022-07-03T14:38:38","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/07\/03\/the-gpu-shortage-is-over\/"},"modified":"2022-07-03T14:38:39","modified_gmt":"2022-07-03T14:38:39","slug":"the-gpu-shortage-is-over","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/07\/03\/the-gpu-shortage-is-over\/","title":{"rendered":"The GPU shortage is over"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/7\/1\/23191634\/nvidia-amd-gpu-shortage-over-3080-3070-3060-radeon-rx-6900-6800<\/a>
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For nearly two years, you\u2019ve had to be incredibly lucky, skilled, or patient<\/a> to get an Nvidia or AMD graphics card at MSRP. We\u2019ve liveblogged<\/a> and livetweeted<\/a> that hell of trying to buy a GPU online, fighting against an army of bots<\/a> to navigate the buggy websites of retailers who didn\u2019t have enough reason to care<\/a>. <\/p>\n

But, yesterday, I did the unthinkable. I saddled up to Best Buy\u2019s website eight hours after<\/em> the retailer\u2019s weekly drop and bought an RTX 3070 Ti<\/a> Founders Edition for its $599 MSRP. <\/p>\n

I had a $499 RTX 3070 Founders Edition in my cart, too. And those finds weren\u2019t a fluke: both<\/em> of those GPUs were still available when we checked back this morning. The 3070 FE is still there<\/a> as I type these words. So is the 3070 Ti<\/a>. AMD.com<\/a> currently has the Radeon RX 6750 XT, 6900 XT, and 6950 XT in stock for MSRP, too. <\/p>\n

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Nvidia RTX 3080 average eBay sales price, June 2021 to June 2022.<\/em><\/figcaption>Image: eBay<\/cite><\/p>\n

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I dashed over to eBay to run the numbers \u2014 the same ones I\u2019ve been compiling<\/a> since December 2020 to show you the true street price of a GPU. Sure enough, this week is the week the most popular graphics cards finally hit MSRP on the secondhand market as well. The RTX 3080 is hovering around $700, the exact price Nvidia originally said it would cost.<\/p>\n

Over the past six months, the street price of a modern GPU has been chopped in half. <\/em>Almost every graphics card we track fell by more than 50 percent on eBay since January \u2014 30 percent of that since April alone. <\/p>\n

It was also Nvidia\u2019s most popular and best bang for your buck cards \u2014 the RTX 3060 Ti, RTX 3070, and RTX 3080 \u2014 that saw the biggest dips. Of those cards, the 3060 Ti is the only used GPU that can\u2019t<\/em> be had at or under MSRP on average. Meanwhile, an average AMD card will cost you $100 less than MSRP.<\/p>\n

The secondhand market even seems to be normalizing prices of Nvidia and AMD\u2019s more overpriced GPUs. You can buy a used 6900 XT for $300 off its $999 MSRP, and I saw eBay buyers get an average of $318, $466, and $540 off Nvidia\u2019s 3080 Ti, 3090, and 3090 Ti, respectively. <\/p>\n

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GPU street prices, June 2022<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Item<\/th>\nList price<\/th>\nJune 2022<\/th>\nApril 2022<\/th>\nJan. 2022<\/th>\n<\/tr>\n<\/thead>\n<\/tbody>\n
Item<\/th>\nList price<\/th>\nJune 2022<\/th>\nApril 2022<\/th>\nJan. 2022<\/th>\n<\/tr>\n<\/tfoot>\n
Nvidia RTX 3090 Ti<\/td>\n$1,999<\/td>\n$1,459<\/b><\/td>\n$2,398<\/td>\nN\/A<\/td>\n<\/tr>\n
Nvidia RTX 3090<\/td>\n$1,499<\/td>\n$1,033<\/b><\/td>\n$1,837<\/td>\n$2,609<\/td>\n<\/tr>\n
Nvidia RTX 3080 Ti<\/td>\n$1,199<\/td>\n$881<\/b><\/td>\n$1,168<\/td>\n$1,874<\/td>\n<\/tr>\n
Nvidia RTX 3080<\/td>\n$699<\/td>\n$701<\/b><\/td>\n$1,129<\/td>\n$1,613<\/td>\n<\/tr>\n
Nvidia RTX 3070 Ti<\/td>\n$599<\/td>\n$585<\/b><\/td>\n$772<\/td>\n$1,179<\/td>\n<\/tr>\n
Nvidia RTX 3070<\/td>\n$499<\/td>\n$498<\/b><\/td>\n$773<\/td>\n$1,086<\/td>\n<\/tr>\n
Nvidia RTX 3060 Ti<\/td>\n$399<\/td>\n$434<\/b><\/td>\n$658<\/td>\n$923<\/td>\n<\/tr>\n
Nvidia RTX 3060<\/td>\n$329<\/td>\n$362<\/b><\/td>\n$485<\/td>\n$711<\/td>\n<\/tr>\n
Nvidia RTX 3050<\/td>\n$249<\/td>\n$294<\/b><\/td>\n$363<\/td>\n$539<\/td>\n<\/tr>\n
AMD RX 6900 XT<\/td>\n$999<\/td>\n$683<\/b><\/td>\n$961<\/td>\n$1,528<\/td>\n<\/tr>\n
AMD RX 6800 XT<\/td>\n$649<\/td>\n$630<\/b><\/td>\n$869<\/td>\n$1,269<\/td>\n<\/tr>\n
AMD RX 6800<\/td>\n$579<\/td>\n$518<\/b><\/td>\n$796<\/td>\n$1,150<\/td>\n<\/tr>\n
AMD RX 6700 XT<\/td>\n$479<\/td>\n$387<\/b><\/td>\n$555<\/td>\n$847<\/td>\n<\/tr>\n
AMD RX 6600 XT<\/td>\n$379<\/td>\n$293<\/b><\/td>\n$421<\/td>\n$610<\/td>\n<\/tr>\n
AMD RX 6600<\/td>\n$329<\/td>\n$247<\/b><\/td>\n$380<\/td>\n$516<\/td>\n<\/tr>\n
AMD RX 6500 XT<\/td>\n$199<\/td>\n$179<\/b><\/td>\n$209<\/td>\n$365<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Finally, MSRP.<\/em><\/span><\/p>\n

January 2022 GPU numbers:\u00a0Tom\u2019s Hardware<\/em><\/a><\/cite><\/p>\n

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I think it\u2019s safe to say: the great GPU shortage is over. <\/p>\n

But should you actually buy one? That\u2019s a way tougher question \u2014 because the forces that are finally driving supply and demand to meet are not all in your favor. <\/p>\n

Why you might or might not buy a GPU right now<\/h2>\n

First, let\u2019s state the obvious: the chips that power these GPUs are now two years old. In October 2020, $500 might have been a great price for an RTX 3070, but is it still a great price in July 2022 now that new ones are on the way? The RTX 40 series and AMD\u2019s RDNA 3 are both expected this fall and could offer significant performance jumps<\/a>. <\/p>\n

That goes double if you\u2019re looking at one of the cards that Nvidia and AMD introduced later in the GPU shortage at a higher MSRP than their performance would suggest. I recommend taking a look at this handy 3DCenter \/ VideoCardz <\/em>chart of how much GPUs should<\/em> cost<\/a>, normalized against an RTX 3070.<\/p>\n

The age of these GPUs might matter even more if you\u2019re considering a used GPU since it might have already<\/em> been worked for those two years and might have even spent time doing hard labor in a cryptocurrency mining rig. <\/p>\n

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GPU flood is here.<\/p>\n

Chinese miners and South Asian ecafes now dismantling their mining rigs and putting cards up for auction on livestreams.<\/p>\n

3060 Ti’s going for $300-$350 US … pic.twitter.com\/kphmIt7vZw<\/a><\/p>\n

\u2014 Hassan Mujtaba (@hms1193) June 21, 2022<\/a>\n<\/p><\/blockquote>\n<\/div>\n

Reportedly<\/a>, one big reason used GPU prices are tanking is because crypto miners are flooding the market with cards that are no longer profitable due to the ongoing crypto crash<\/a>, where the total market cap of all crypto assets has fallen by two-third<\/em>s since its peak of $3 trillion last November. (Miners have been switching away from GPUs for some time, though.)<\/p>\n

Whether it was used for gaming or mining, maybe buy locally or from a site with good buyer protection \u2014 there have been reports of damaged GPUs<\/a> among the flood. If you do get the chance to test, here\u2019s a Gamers Nexus video<\/a> that can walk you through potential red flags.<\/p>\n

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