AMD and Nvidia will make a significant reduction in GPU prices in September.
The two giant companies will go to a massive discount on graphics processing units (GPUs) to put their remaining inventory for sale.
AMD and Nvidia Will Apply Big Discount
The increased supply due to cryptocurrency mining led to GPU shortages and skyrocketing prices.
According to the news of Taiwan Economic Daily, AMD and Nvidia are preparing to make a big discount on GPU prices next month.
The reporter, Xiao Junhui, said:
“Nvidia CEO Huang Renxun said there was an overstock problem and selling at a reduced price. There is also cooperation with Taiwan factories.”
He made a similar statement from the same time on MyDrivers:
“Graphic card manufacturers, especially AMD and Nvidia, will start a new wave of discounts from September, and the discount will be much stronger than before. This will ease the cost pressure.”
GPU Boredom
With the onset of the pandemic, supply problems arose in the PC field, as in many sectors. GPU prices have increased drastically with the rise of crypto mining as well.
The collapse in the crypto industry caused the GPU supply in the second-hand market to skyrocket. This situation is expected to continue in September due to the transition period Ethereum mining is currently going through.
After Ethereum Merge, GPU usage will be phased out. This may reduce the GPU shortage in the industry.
However, crypto miners may also face expensive technologies they have never used before.
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