Bottom line: If you have been dazzled by the latest drop in GPU costs, now shouldn’t be the perfect time to purchase one. Between the elevated availability, lowered profitability of GPU mining, and the not too long ago renewed tariff exemptions on some electronics imported from China, it seems to be like GPU costs have but to achieve a flooring.
GPU costs have been trending down for the previous a number of months, with some areas seeing the bottom costs because the begin of 2021, and a few lower-end fashions promoting under MSRP. The scenario on eBay has additionally improved, with the typical promoting worth of GPUs dropping by 10 % between February and March.
That mentioned, these developments are hardly trigger for celebration for many players, who must pay, at greatest, $300 extra for a brand new RTX 3000 collection graphics card in comparison with what they paid for his or her previous card. With availability slowly enhancing over time, distributors like Asus and Zotac have been calling on the US Trade Representative’s (USTR) workplace to drop Trump-era tariffs on some merchandise which might be imported from China, particularly PC motherboards and graphics playing cards.
An official reply to these requests got here final week, with the USRT workplace reinstating a whole lot of expired product exclusions from “Section 301” tariffs on Chinese imports. At the time of the announcement, it wasn’t clear if that will translate into higher retail costs. This week, Asus informed Tom’s Hardware that it has determined to decrease the value of its GPUs within the US by as much as 25 %, ranging from April 1.
It’s value noting the value change will solely apply to Ampere GPUs, particularly the “entry stage GeForce RTX 3050 and RTX 3060, mid-range RTX 3070 and excessive efficiency RTX 3080 and RTX 3090 graphics playing cards.”
This marks a major reversal as Asus final yr was among the many first to lift costs in response to tariffs and unprecedented demand from players and miners. At the identical time, Asus together with Gigabyte, Asrock, and EVGA have been working a collection of promotions on choose GPUs this month, so there is a good probability most distributors will quickly comply with Asus in decreasing costs.
In the meantime, Nvidia has reportedly managed to scale back its manufacturing prices by anyplace between eight and 12 %. And in line with Igor’s Lab, Ada Lovelace GPUs will likely be pin suitable with Ampere GPUs, which suggests AIB companions will not must spend as a lot on analysis and growth on RTX 4000 collection playing cards, which is able to co-exist with RTX 3000 collection playing cards for some time after launch.
The newest Ethereum Merge testing on Kiln was principally profitable, so the way forward for GPU mining seems to be more and more bleak. With a little bit of luck, we could quickly see a flood of GPUs on the second-hand market.