Graphics card prices to be raised to reflect increasing memory costs
Now this is an interesting turn of events. First we have cryptominers buying up all of the video cards and now they are raising prices due to memory cost increases. Last I checked there was a surplus of memory, but maybe not GDDR5.
-- From Digitimes --
Consumer demand for graphics cards may be undermined by price hikes arising from GDDR memory shortage and first-tier vendors are expected to raise their Nvidia GeForce GTX 1080/1070/1060/1050 graphics card pricing by 3-10% at the end of August, according to sources from the upstream supply chain.
From April to mid-July, graphics card sales were contributed mainly by the cryptocurrency mining segment. With demand from the segment starting to cool off since mid-July and graphics cards' supply and pricing both stabilizing, sales from the retail channel have started picking up.
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