As we head into September, we continue to notice that the prices of AMD and NVIDIA GPUs are in freefall and are expected to drop further in the coming days.
NVIDIA & AMD GPU Prices Continue to Fall Below MSRP, RTX 3090 Series Drops Below $1000 US for the First Time!
Last week, we reported how AMD and NVIDIA partners were ready to offer deep discounts and cuts on their existing inventory to clear out inventory and get ready for the next generation of GPUs. Graphics manufacturers failed in their first attempt to move some decent amounts of GPUs, but the second round, which will be more brutal in terms of price cuts than the first, is expected to hit retailers this month, and we’re already seeing signs of it.
As of the writing of this piece (03/09/22), several NVIDIA GeForce RTX 3090 Ti and RTX 3090 graphics cards have stumbled below the $1000 – $1100 US mark. Over on Newegg, the NVIDIA GeForce RTX 3090 graphics card can be had for as low as $959.99 US, a 36% drop from its MSRP of $1,499 US and the first time the lineup has dipped below $1,000 US. Meanwhile, the GeForce RTX 3090 Ti now retails for $1099 US, an even bigger drop of 45% compared to the MSRP of $2000 US.
Even the NVIDIA GeForce RTX 3080 Ti which dropped below $900 a few weeks ago is now selling for $799, a $100 price drop since the previous pricing article. That’s 33% below MSRP for the card, which was set at $1,199 US at launch. At Newegg, you can even find an RTX 3090 on sale for just $928.99. At BestBuy, you can even find an RTX 3080 Ti listed for as low as $739.99 US.
NVIDIA isn’t the only one affected by the price cuts, as AMD’s Radeon RX 6950 XT and RX 6900 XT are well below their MSRPs. The RX 6950 XT has also dropped below $1000 US to $949 US compared to the launch MSRP of $1099 US while the Radeon RX 6900 XT retains its $699 US price versus the launch MSRP of $999 US.
3080 Ti – $739.99 at BestBuyhttps://t.co/iGqBTMPXbb pic.twitter.com/QAMgsc1MP0
— Hassan Mujtaba (@hms1193) 4 September 2022
On the Baidu Forums, we can see price updates daily with several high-end cards now selling for 35-45% below their MSRPs. The RTX 3090 Ti which had an MSRP of 14999 RMB ($2173 US) in China is currently at 7799 RMB or $1130 US. The RTX 3090 and 3080 Ti have seen similar price drops, with the rest of the lineup currently selling for 10-15% below MSRP. In the AMD camp, apart from the RX 6900 XT which has seen a 40% price drop compared to MSRP, the rest of the lineup is 20-30% below MSRP, which is a much higher price drop in the mainstream segment than NVIDIA’s. .
If you’re thinking that these are the lowest prices that these cards would achieve and now is a good time to get a new graphics card, then I’d advise you to delay your purchase further as prices continue to drop and rumors increase about a potential launch of the RTX 40 series in a few months, you can see the RTX 3090 being sold for much lower and even close to $500 USD.
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