Graphics card prices could drop by 20% thanks to cryptocurrency slump

By Darren Allan

We’ve seen the prices of graphics cards head back to normal levels in recent times, thanks to waning cryptocurrency demand, and this is a trend that’s set to continue according to the latest from the GPU grapevine – with price tags set to drop by around a fifth this month.

That’s the skinny from DigiTimes, which has its ear to the ground in the graphics card supply chain, and cites sources who point to a ‘cryptocurrency mining chill’ weakening demand for GPUs to be used in mining, with video cards expected to see a resulting average drop of about 20% as July progresses.

On the face of it, that’s great news for gamers looking to get themselves an upgraded GPU (or those building a new rig), but we must insert the usual rumor-related caveats, as DigiTimes isn’t always the most reliable source.

However, talk of dropping prices as manufacturers try to clear their inventory of GPUs certainly makes sense given what we’ve previously heard about Nvidia, which apparently overestimated the demand from cryptocurrency miners, and has produced and shipped an excess stock of current-gen cards as a result.

Stock surplus

Other speculation has pointed to the fact that this is why we …read more

Source:: techradar.com – Computing Components