Graphics card prices have skyrocketed over the years, making it difficult for people to buy PCs. Overall chip shortage, supply disruptions due to the pandemic in the last two years and a few other factors pushed up the prices. And if that wasn’t enough, crypto miners added to the concerns, and its popularity meant that creators could charge a premium.
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Why GPU Prices Are Coming Down in India
But the trend is finally changing, with GPU prices dropping by as much as 25 percent, meaning people may once again consider buying cards and not feel like they’re being taken along for the ride. .
Asus is one of the major brands that has announced cuts of up to 25 percent on its graphics cards, and experts indicate that prices may drop further in the coming months. In India, the prices for the RTX 3080 GPU lineup have been slashed by up to Rs 90,000. The company seems to be benefiting from the US government’s recent decision to cut tariffs by 25 per cent on graphics cards imported from China.
In addition to administrative changes, epidemics have also decreased in most parts of the world. Economies are opening up after a long halt, allowing factories to function and focus on producing for industry.
The second main reason is that as production of the raw materials used in the manufacture of graphics cards is about to increase, more factories are being set up to handle the market demand. And once that happens, overall GPU prices will automatically drop.
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Uncertainty around cryptocurrencies in various countries has halted the flow and interest in crypto mining, which has reduced the demand for companies to manageable levels. With the overall market looking at these changes and improvements, manufacturers are able to pass on the benefits to the buyers. And the same reason goes for the reduction in GPU prices in India.
All these signs point to good times for buyers, and if you have been in the market for a GPU for the past year, and are disappointed with the prices, we suggest you wait a while.
The production level of the industry will increase, the demand will be met, allowing brands to sell their graphics cards at their market price.
How soon can the prices come back to the original level?
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Some expect that to change in a few months, making May-June a realistic timeline.
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