A new Zotac Gaming NVIDIA GeForce RTX 3070 restock spotted online selling for $999.99, over twice its original MSRP! So, could GPU prices be improving?
NVIDIA RTX 3070 Restock Spotted
Although there was recent excellent news regarding certain GPU prices normalizing, the present state of those GPUs is questionable, with prices varying rising to almost twice their original SRP. There was, however, a particular GPU that was spotted selling for just $200 past its SRP but thus far, spotting this type of price again is extremely difficult.
A new Zotac Gaming NVIDIA GeForce RTX 3070 restock spotted online selling for $999.99, which is $500 quite its original MSRP of $499 as announced by NVIDIA. Although this is not a powerful price slash, other GPUs sell for over $600 quite its SRP.
NVIDIA GPU Prices
An NVIDIA GeForce RTX 3090 restock spotted selling for $630 passed its SRP, making it still pretty expensive for many gamers. As of the instant, gamers are cornered and left with little to no choice but to get the GPU on the brink of its SRP is difficult.
Good news befell gamers as an NVIDIA GeForce RTX 3080 Ti Restock was spotted selling for $1,399, which was about $200 past its MSRP. The restock announcement was provided by a web restock tracker Twitter account which had also announced a replacement NVIDIA RTX 3070 restock in view.
NVIDIA RTX 3070 vs NVIDIA RTX 3080 Ti
The restock tracker Twitter account announced a replacement NVIDIA RTX 3070 online selling for $999.99. Although this might still be an enormous markup from its original SRP, the GPU remains fairly affordable for people who don’t need to spend over $1000 as of the instant. The difference, however, is that the NVIDIA RTX 3070 may be a lower-tier GPU compared to the NVIDIA RTX 3080 Ti.
As of the instant, the costs of GPUs are heavily influenced by three factors. the primary inevitable factor is that the global chip shortage makes GPUs scarce as companies like NVIDIA and AMD are forced to supply limited stock, which isn’t enough to cater to the overall market.
GPU Price Hike
The second widespread problem is thanks to the increase of cryptocurrency, more and more GPUs are being bought to mine these cryptocurrencies. GPUs are ideal for mining cryptocurrency, thanks to their massive hash rates. Unfortunately, this makes things harder for gamers to get since they need to affect additional competition.
The third problem is scalpers. Scalpers are using bots to get new GPU restocks and reselling them at higher prices, as seen in today’s different GPU offerings. Although scalpers are an extended ongoing problem, there is a workaround to get a GPU for gaming.
Instead of building a PC and buying part by part, gamers can buy gaming laptops with pre-equipped GPUs to avoid purchasing at heightened prices. However, as of the instant, there’s still an extended thanks to going before GPU prices finally normalize.
— StockDrops (@stock_drops) August 9, 2021