You might think it’s hard trying to find a PS5, but it’s even harder trying to find a next-gen video card for an even remotely reasonable price. Nvidia RTX 3070s and 3080s are so hard to find in stock that many are resorting to the secondary market to try and find their next upgrade, only those people are discovering graphics cards that deliver the sticker shock of a lifetime.
Prices for RTX 30-series cards on Ebay have skyrocketed in February, according to data from analyst Michael Driscoll (which he provided to PC Mag). The median price point for a new RTX 3080 series was as high as $2,400, with many examples selling for well over $4,000.
Driscoll created a custom script that scraped price data off of Ebay for every new Nvidia card sold. What he found was that median prices are now well over double MSRP for pretty much every Nvidia card, but especially for the RTX 3080. Even the RTX 3070 hit a high of $1,200 in February, with prices only starting to come down after the recent release of the RTX 3060.
“The prices stopped going up exactly when the 3060 launched, so that can’t be a coincidence,” said Driscoll. “Not a huge drop, but significant. For the increases, I have no way of confirming this, but I know many employers give out year-end bonuses in February, and people are starting to file and receive tax returns, which could be driving some of the price increase.”
While the recent arrival of the 3060 has helped, prices for RTX cards still remain hugely inflated. You can point the finger at any number of culprits, including cryptominers buying up supply to try and fund their next bitcoin score to renewed tariffs on Chinese imports. But the ultimate reason these sky-high prices just comes down to supply and demand; there are just not enough video cards to go around.
That’s a situation that Nvidia expects to continue for the next little while, according to their most recent financial reports. Nvidia is making a killing on their new Ampere line of GPUs, but supply shortages are expected to continue for the foreseeable future.
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Actually a collective of 6 hamsters piloting a human-shaped robot, Sean hails from Toronto, Canada. Passionate about gaming from a young age, those hamsters would probably have taken over the world by now if they didn’t vastly prefer playing and writing about video games instead.
The hamsters are so far into their long-con that they’ve managed to acquire a bachelor’s degree from the University of Waterloo and used that to convince the fine editors at TheGamer that they can write “gud werds,” when in reality they just have a very sophisticated spellchecker program installed in the robot’s central processing unit.
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