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Tuesday, August 16, 2022
HomeTech & GamesGPU prices are crashing in China

GPU prices are crashing in China

The GPU supply has steadily become more abundant – the bulk of it having been brought about by the recent cryptocrash – which should translate to more happy gamers on the hunt for the component.

Combine that with the prices of cards returning to their original MSRP, and you’d think retailers and resellers would be having a hard time fending off said buyers. Unfortunately for resellers in China, that doesn’t appear to be the case.

According to Videocardz, there is a massive glut of GPUs from both team NVIDIA and team AMD within the country, and that is simply because gamers just aren’t biting. There are obviously a multitude of reasons behind the burgeoning GPU supply, one of which is due to the wariness of Chinese consumers and second hand cards that were most likely used for mining.

Back when the prices of GPUs were skyrocketing and the value of the Bitcoin was also soaring. Basically, buying a used graphics card, especially one used for mining, is a bad idea, as not all miners are willing to tell you just how long they’ve used that card for mining. Besides the fact that it was used for the fact.

Another major reason behind the GPU excess is also a timely one: both NVIDIA and AMD are expected to announce their own next-generation GPU architecture this year, the former already rumoured to be prepping for either a September or December availability, while the latter’s RDNA3-based graphics card are still nowhere to be seen since it accidentally got listed in Seasonic’s wattage calculator.

All these variables combined have left companies and resellers in China with no choice but to sell their GPU stock at prices that are lower than MSRP. In one instance, NVIDIA’s GeForce RTX 3090 Ti sold for RMB9499 (~RM6266), which is approximately 38% cheaper than the GPU’s original MSRP of RMB14999 (~RM9895). In AMD’s case, the CPU and GPU brand’s Radeon RX 6900XT could be purchase for as “little as RMB4999 (~RM3298), which again, is about a 38% reduction from its original RMB7999 (~RM5277) when it first launched.

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