VIDEO Are GPUs Finally Getting Cheaper? GPU Stock and Pricing Update [June 2021]

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Are GPUs Finally Getting Cheaper? GPU Stock and Pricing Update [June 2021] In this video from June 2021, the team at Hardware Unboxed conducted a monthly update on the graphics processing unit (GPU) market, shedding light on the ongoing challenges of pricing and availability. Although the GPU market has seen significant turmoil due to supply chain issues and heightened demand from both gamers and miners, there are signs of improvement worth noting.

Current Landscape of GPU Pricing​

The overarching theme remains the same—GPU prices are still exorbitantly high, but there is a glimmer of hope for consumers. Some retailers are reporting improved availability, particularly outside the United States. Notably, the video highlights several current-generation GPUs that are now accessible without being bundled, though prices remain inflated—some models are selling for 2.5 times their manufacturer’s suggested retail price (MSRP). For example, the RTX 3070, which should retail around 520 euros, has been spotted selling for over 1,100 euros at retailers.

Factors Affecting GPU Prices​

The video discusses several factors contributing to the pricing crisis:

1. Cryptocurrency Market Fluctuations: The decline in the value of Ethereum and other cryptocurrencies has had a direct impact on GPU demand. Ethereum dropped from approximately 3,500 USD to around 2,300 USD in a month, significantly reducing mining profitability. This change has led many miners to reconsider their GPU purchases.
2. Increased Production: Ongoing production ramps at record rates are gradually fulfilling the overwhelming demand for GPUs. This has made it easier to find certain models, although prices remain high.
3. Scalper Market Dynamics: There’s evidence that scalpers are beginning to feel the pressure as demand weakens. The prices for GPUs on platforms like eBay have seen a slight decline, indicating a shift in market dynamics.
   

   Observations on Trends​

   • Historical Context: Compared to previous months, there has been a reduction in GPU prices—around 18% on average—which marks the lowest point since the beginning of the year. Certain models are now selling for less than double their MSRP, but many still hover between 2x and 3x MSRP.

• Used Market Evaluation: The video also delves into the used GPU market, noting how older models have had their prices adjusted in line with new generations. However, certain models still remain overpriced due to mining performance correlations.
  

  Future Expectations​

  While the GPU market seems to be improving, the question of when prices will stabilize remains unanswered. The hosts suggest that while some optimistic trends are emerging, prospective buyers should continue to be cautious about current prices and not rush into purchases.
  

  Conclusion​

  The general sentiment from the video indicates a mixed outlook. While improvements in availability and slight price reductions are encouraging, GPUs are still significantly overpriced, causing hesitation among potential buyers. For those patiently waiting to get their hands on a new GPU, it might be wise to hold off a bit longer to see if prices continue to trend downward. Feel free to share your thoughts on the video! Are you still holding out for better GPU prices, or have you found a good deal recently? Your experiences could provide insights for others in the community!