Nvidia and AMD Graphics Card Price Hike is getting Out of Control

You may have noticed a global half-conductor shortage happen and it’s almost difficult to locate PC graphic cards in particular. The condition has been worsening all the time—so that some GPUs have a value three times higher than their MSRP.

Above, the $499 Nvidia GeForce RTX 3070 and the $579 AMD Radeon RX 6800 are a screenshot of two graphics cards! We determined that in December the real road prices of the cards had been 819 dollars and 841 dollars or 1,660 dollars respectively for a pair.

Last week, According to The Verge, they run PS5, Xbox Series X, and each of the latest graphic cards in Nvidia and AMD via an eBay scraper tool in an open-source environment, which helped me to determine how much it is worth on average over a span of seven days (larger than Michael Driscoll).

TL;DR: while PS5 and Xboxes really get a bit cooled off, for a new AMD or Nvidia GPU you pay double, or even triple.

Item Retail price Street price (Dec 2020) Street price (Mar 2021) Current value
Nvidia RTX 3090 $1,499 $2,076 $2,985 1.99x
Nvidia RTX 3080 $699 $1,227 $2,160 3.09x
Nvidia RTX 3070 $499 $819 $1,239 2.48x
Nvidia RTX 3060 Ti $399 $675 $1,226 3.07x
Nvidia RTX 3060 $329 N/A $828 2.5x
AMD RX 6900 XT $999 Did not check $1,841 1.84x
AMD RX 6800 XT $649 $1,232 $1,555 2.4x
AMD RX 6800 $579 $841 $1,331 2.3x
AMD RX 6700 XT $479 N/A $1,169 2.4x
PS5 (disc) $499 $1,024 $833 1.66x
PS5 (digital) $399 $990 $754 1.88x
Xbox Series X $499 $835 $805 1.61x
Xbox Series S $299 $471 $432 1.45x

 

Frankly, they are not sure what are the most astonishing figures here. Is the RTX $329 RTX 3060 on average over $ 800, or is it worth $900 more than it was three months earlier, each with its RTX 3090 and 3080? Or even 3060 Ti, which, after months of struggling, people actually managed to snack at its $399 retail price, could now be sold for $1200?

They have looked at how many of these goods are currently traded on eBay, which will give you an understanding of how weak the equation between supply and demand is. For example, eBay shifted 5.284 PS5 consoles over a 7-day period, and yet a lot of listed PS5s didn’t sell. The scalping of PS5 becomes less lucrative, eBay becomes overwhelmed and things slow down.

However, it’s the same on the PC GPU line. Each individual GPU seems to sell unless they’re way over the average retail price and few of them are worth going around — just 83 of Nvidia’s RX 6800 and RTX 3060 Ti’s AMD 141 changed hands as far as I can say over the same span of seven days. Nothing here indicates that scalping slows in the near term.

It does not help that these graphic cards’ real selling rates are still moving northbound. The GPUs I currently see briefly for sale at Amazon’s Best Buy and the Newegg worldwide, whether they are a response to Trump tariffs or a brazen effort to get a piece of the action, are always well in excess of the rates AMD and Nvidia propose such as $840 RTX 3070 or an $800 RX 6800. The total price for the RTX 3060 $329.99 list on the day of startup was $471. And while Newegg’s rubble was initially a probably just way of paying retail, now it’s almost a parody.

And then it’s difficult to surprise as MSI and Newegg try to extract a few hundred bucks from their video card that you’ll purchase for $540 for a scalped sum of $830.

As usual, the issue is, whether AMD and Nvidia will manufacture more than one trickle of new graphics cards to meet this pent-up demand, and I’m afraid the tea leaves don’t look really nice. AMD has not made a noticeable dent until now with its pledge to make “important more GPUs” and to constantly update its stock on its own website. Whilst Nvidia warned previously that things would need to be turned around in late April, Digitimes now tells sources in the graphics card industry that Nvidia’s 30-series GPUs would remain unsatisfied by the third quarter of 2021.

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