Echoing “sources from the upstream supply chain,” DigiTimes reports that graphics card prices are expected to see an average drop of around 20% in July. This is all thanks to the declining interest in cryptocurrency mining: small-to-medium mining firms are bowing out due to dwindling profits, while large mining firms have also cut spending for new hardware.



Currently, the worldwide graphics card market has an inventory of around several million units and Nvidia has around a million of GPUs waiting to be released, said the sources. With cryptocurrency miners also expected to begin selling their used graphics cards to the retail channel, vendors are expected to introduce major price cuts to compete.

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Source: [H]ardOCP – Graphics Card Prices Expected to Drop in July