After a interval of constant graphics card releases from Nvidia and AMD, issues have cooled down in February. No new GPUs to speak about, no particularly superb offers or something, nevertheless it’s nonetheless value looking at how the market is behaving now that it is settled down a bit, and what we are able to count on within the coming few months.
Certainly one of two key highlights prior to now month: some fortunate prospects in the US have been handled to “clearance” costs at Greatest Purchase for Nvidia GeForce 30 collection playing cards. These included the RTX 3090 Ti dropping to $880, the RTX 3080 Ti falling to $720, and the RTX 3080 listed for an astonishingly low $420, down from its $700 MSRP.
Whereas different mid-range playing cards noticed no reductions, people who have been in a position to choose up the RTX 3080 for $420 obtained a ripping whole lot – and that is actually one of many solely methods to get a very good deal within the present market in case you are concerned with an Nvidia GPU at this kind of efficiency tier.
What’s attention-grabbing about this clearance pricing is that for probably the most half, regardless of being restricted time offers, they actually ought to simply be the common worth for these graphics playing cards in 2023. A number of of them, just like the RTX 3060, are practically two years outdated. Take the RTX 3090 Ti at its discounted worth of $880. That will look like an important deal contemplating the cardboard launched at $2,000, however on a price per body foundation it nonetheless makes the RTX 3090 Ti a comparatively poor deal.
With the brand new GeForce RTX 4070 Ti coming in at $820 as of late, the 3090 Ti at $880 really has barely worse price per body. Provided that 4070 Ti playing cards have been ample and simple to buy, there is not any actual motive to attend for the 3090 Ti to drop to $880, except you particularly wanted the 24GB of VRAM vs simply 12GB on the 4070 Ti. In our opinion, within the present market a 3090 Ti-like GPU would should be priced nearer to $700 to peak our curiosity. That will give it superior worth than the Radeon 6950 XT and for a clearance worth would make it an apparent purchase.
An identical evaluation could be utilized to the RTX 3080 Ti, with its discounted worth of $720 wanting like a very good deal given the overpriced $1,200 MSRP. And whereas the 3080 Ti is certainly higher worth than the RTX 3090 Ti’s clearance we simply mentioned, it is not something too particular both. We’re a mere 2% low cost in price per body relative to the present worth for the Radeon 7900 XT and simply 6% low cost in comparison with the RTX 4070 Ti. It additionally falls wanting the worth delivered by the Radeon 6950 XT.
The worst clearance “low cost” was for the RTX 3060 although, even at $300 it merely is not value shopping for in comparison with the Radeon 6650 XT which delivers related efficiency at $265 – and that worth has remained regular for a number of months now. A real clearance worth for the RTX 3060 must be nearer to $250 and even $230.
Nevertheless, those that snapped up the RTX 3080 for $420 received an important deal. At this low worth the RTX 3080 is clearly the most effective graphics card available on the market in price per body, delivering the efficiency of the Radeon 6800 XT which AMD is promoting as of late for $570, however giving that to you for a 26 % low cost. That is a real clearance worth and it is no shock to see it promoting out immediately.
These clearance costs and the information surrounding it highlights one thing to bear in mind when buying a brand new or discounted GPU. Even when the worth is slashed in comparison with the unique MSRP (from 2020 or 2021), it could not really be a very good purchase in 2023. Many different GPUs have fallen in worth, significantly on the AMD aspect, and we have got new choices available in the market within the RTX 40 and Radeon 7000 collection. It is all the time value assessing your complete market earlier than leaping in, in any other case chances are you’ll find yourself with an RTX 3090 Ti when you must have purchased an RTX 4070 Ti.
Is Nvidia Limiting RTX 4090 Provide?
The second attention-grabbing story that is been making the rounds is the rumor that Nvidia is proscribing RTX 4090 provide in order that avid gamers are compelled into shopping for the RTX 4080 as a substitute, which stays in ample provide as nobody desires it. This comes from Moore’s Law is Dead, citing a number of sources.
Based mostly on our understanding, decrease RTX 4090 provide is not a brand new factor. This has been the case since launch week. Most retailers obtained a major provide of those GPUs at launch, greater than regular for a high-end product, whereas subsequent shipments have been on the smaller aspect. It is unclear whether or not this can be a response to the RTX 4080 and Nvidia wanting folks to purchase that as a substitute, or it was the identical plan since day one.
What we’re positive of is that any plan to limit RTX 4090 provide within the hopes of shifting RTX 4080s in all probability will not work, not except pricing is made extra enticing. For months now the RTX 4080 has been straightforward to get on the MSRP, whereas the RTX 4090 has been largely out of inventory in some international locations, or priced above its MSRP. Avid gamers have had ample possibilities because the starting of the yr to purchase the RTX 4080 as a substitute of an not possible to seek out RTX 4090, and have largely chosen to not do.
However there are extra explanation why we do not assume this is able to work. First, the Radeon RX 7900 XTX has been slowly working its method again into inventory, and might presently be bought for $1,050, which is $50 above its $1,000 MSRP however down from final month’s worth of practically $1,300. If Nvidia is driving folks away from their premium RTX 4090 and into the $1,200 tier, there may be precise competitors to be discovered there from AMD, and we suspect many consumers might be extra within the cheaper, higher worth 7900 XTX than the overpriced RTX 4080. Usually corporations would somewhat promote larger priced merchandise with no competitors, so that may be an odd transfer.
Additionally, the GeForce RTX 4090 is definitely accessible in lots of international locations, simply not a lot in the US, which tends to be the main target of most of those discussions. In Australia you may really purchase a 4090 proper now for beneath the native MSRP of $2,960 AUD, in order that is not going to drive anybody into shopping for an RTX 4080 as a substitute. In international locations like Canada and the UK, you are only a 5 % premium over MSRP to purchase a 4090, in comparison with 13% or extra within the US, which is not going to make a lot of a distinction to somebody who has the money for a premium GPU like this.
Whether or not or not this can change stays to be seen. Possibly the fashions which are in inventory are all that’s coming for a short time, however RTX 4090 gross sales have cooled down so we do not count on an enormous imminent provide crunch, not less than exterior the US. Furthermore, with the RTX 4090 being considerably quicker than the RTX 4080, we think about people who need all that efficiency would somewhat wait till inventory is replenished than altering their thoughts and shopping for the inferior product as a substitute.
Nvidia GeForce GPU Pricing
| MSRP | Lowest Worth December | Lowest Worth January | Lowest Worth February | Present Worth Inflation | Improve Jan to Feb | |
|---|---|---|---|---|---|---|
| GeForce RTX 3090 Ti | $2,000 | No inventory | No inventory | No inventory | n/a | |
| GeForce RTX 3090 | $1,500 | No inventory | No inventory | No inventory | n/a | |
| GeForce RTX 3080 Ti | $1,200 | No inventory | No inventory | No inventory | n/a | |
| GeForce RTX 3080 12GB | n/a | No inventory | No inventory | No inventory | n/a | |
| GeForce RTX 3080 10GB | $700 | No inventory | $840 | No inventory | n/a | |
| GeForce RTX 3070 Ti | $600 | $640 | $650 | $620 | 3% | -5% |
| GeForce RTX 3070 | $500 | $570 | $570 | $545 | 9% | -4% |
| GeForce RTX 3060 Ti | $400 | $390 | $410 | $410 | 2% | 0% |
| GeForce RTX 3060 | $330 | $360 | $340 | $330 | 0% | -3% |
| GeForce RTX 3050 | $250 | $270 | $280 | $280 | 12% | 0% |
| Common | 5% | -2% |
Graphics card provide is all the time a tough dialogue as a result of avid gamers need these GPUs to flood the market, in order that costs drop in a single day, however corporations will attempt to handle provide so that does not occur; they need provide to satisfy demand. GPU makers additionally need to handle their GPU and wafer allocation throughout many merchandise. For instance, within the brief time period whereas RTX 4090 demand has dropped off, Nvidia could also be selecting to deal with the just lately launched workstation RTX 6000 Ada card as a substitute, which instructions a a lot larger price ticket. That is simply regular useful resource administration and is not something to be involved about.
Exterior of the occasional low cost and flash sale, the fact is that new GPU pricing hasn’t shifted considerably within the final six months, and the discharge of recent graphics playing cards — at largely the identical price per body as older fashions — has executed little to shake up the market.
Nvidia has made no effort to carry their older Ampere GPUs again to their MSRPs regardless of a comparatively weak GPU market. The RTX 3070 has routinely sat above $500 for the final 5 months, as has the RTX 3070 Ti with its $600 MSRP. The RTX 3050 continues to be terribly priced at practically $300 when it ought to be not more than its $250 MSRP — ideally much less. The RTX 3060 for the primary time prior to now yr is offered at its $330 MSRP, whereas the 3060 Ti has been the one mannequin that we would say has had a sensible MSRP.
… if consumers voting with their wallets are saying these playing cards are good worth, then it is unlikely we’ll see a major shake-up with new fashions.
For consumers concerned with a mid-range GPU, that is an unpleasant image and it is arduous to suggest any of those Nvidia GPUs besides perhaps the RTX 3060 Ti. Most of those GPUs are a number of years outdated now, we’re approaching the launch of recent RTX 40 mainstream fashions within the coming months, and AMD has dropped pricing for his or her competing playing cards beneath MSRP. Regardless of this, playing cards just like the RTX 3060 and RTX 3050 proceed to promote at an inexpensive tempo, which does not bode properly for the mainstream market this yr — if consumers voting with their wallets are saying these playing cards are good worth, then it is unlikely we’ll see a major shake-up with new fashions.
AMD Radeon GPU Pricing
| MSRP | Lowest Worth December | Lowest Worth January | Lowest Worth February | Present Worth Inflation | Worth Improve Jan to Feb | |
|---|---|---|---|---|---|---|
| Radeon 6950 XT | $1,100 | $800 | $700 | $700 | -36% | 0% |
| Radeon 6900 XT | $1,000 | $700 | $650 | No inventory | n/a | |
| Radeon 6800 XT | $650 | $660 | $570 | $570 | -12% | 0% |
| Radeon 6800 | $580 | $510 | $490 | $480 | -17% | -2% |
| Radeon 6750 XT | $550 | $390 | $380 | $410 | -25% | 8% |
| Radeon 6700 XT | $480 | $360 | $360 | $350 | -27% | -3% |
| Radeon 6650 XT | $400 | $285 | $275 | $265 | -34% | -4% |
| Radeon 6600 XT | $380 | $290 | $280 | $275 | -28% | -2% |
| Radeon 6600 | $330 | $210 | $235 | $235 | -29% | 0% |
| Radeon 6500 XT | $200 | $170 | $160 | $150 | -25% | -6% |
| Radeon 6400 | $160 | $140 | $140 | $135 | -16% | -4% |
| Common | -25% | -1% |
On the AMD aspect, pricing has additionally been flat during the last six months, particularly for mainstream choices priced beneath $400. Increased finish fashions have fallen in worth, as AMD seemed to clear stock for his or her Radeon 7000 collection, although in contrast to Nvidia, most of those GPUs are nonetheless accessible. The one outlier right here is the 6800 XT which has fluctuated in worth greater than regular. Through the holidays there have been some very enticing gross sales for that mannequin, however now inventory is more durable to come back by and costs have risen a bit.
Radeon Pricing Development
It is simpler to make a case to purchase an AMD GPU within the present market. For instance, the Radeon 6950 XT continues to be moderately priced at $700, providing higher price per body than the RX 7900 XT and XTX, although at a decrease efficiency tier. You would additionally make a case for many different fashions as they’re usually among the many higher worth merchandise available on the market, such because the Radeon 6700 XT, 6650 XT, 6600 and 6800 XT.
Nevertheless, you could possibly additionally say that AMD GPUs are priced the place they’re for a motive. Nvidia’s stronger characteristic set instructions a worth premium over an equivalently performing AMD GPU, although we do assume in decrease efficiency classes that baseline GPU efficiency is a very powerful issue, particularly as ray tracing on an RTX 3060 is not one thing you must care about a lot. AMD has additionally made just a few blunders these days, resembling not releasing a brand new driver for the Radeon 6000 collection for 2 months — that left RDNA2 house owners feeling a bit ignored from the software program aspect — a baffling transfer from Crew Pink.
Used GPU Pricing
The used market has additionally seen few worth actions because of a flat new market. RTX 3090 Ti costs have fallen since December, however exterior of that there is not a lot occurring right here to recommend you may be getting a significantly better deal just a few months from now. The used market does have just a few gems relying on what you are after although…
| MSRP | Newegg Lowest Worth February | eBay Used Worth January | eBay Used Worth February | Used Worth Hike Jan to Feb | Low cost Used vs New | |
|---|---|---|---|---|---|---|
| GeForce RTX 3090 Ti | $2,000 | No inventory | $978 | $953 | -3% | |
| GeForce RTX 3090 | $1,500 | No inventory | $762 | $777 | 2% | |
| GeForce RTX 3080 Ti | $1,200 | No inventory | $744 | $722 | -3% | |
| GeForce RTX 3080 12GB | n/a | No inventory | $601 | $629 | 5% | |
| GeForce RTX 3080 10GB | $700 | No inventory | $558 | $524 | -6% | |
| GeForce RTX 3070 Ti | $600 | $620 | $482 | $473 | -2% | -24% |
| GeForce RTX 3070 | $500 | $545 | $384 | $368 | -4% | -33% |
| GeForce RTX 3060 Ti | $400 | $410 | $319 | $323 | 1% | -21% |
| GeForce RTX 3060 | $330 | $330 | $273 | $271 | -1% | -18% |
| GeForce RTX 3050 | $250 | $280 | $221 | $221 | 0% | -21% |
| Common | -1% | -23% |
| MSRP | eBay Common Worth December | eBay Common Worth January | eBay Common Worth February | Present Worth Inflation | Worth Improve Jan to Feb | |
|---|---|---|---|---|---|---|
| GeForce GTX 1660 Ti | $280 | $132 | $139 | $137 | -51% | -2% |
| GeForce GTX 1660 Tremendous | $230 | $124 | $130 | $129 | -44% | 0% |
| GeForce GTX 1660 | $220 | $116 | $111 | $114 | -48% | 3% |
| GeForce GTX 1650 Tremendous | $160 | $113 | $107 | $119 | -26% | 11% |
| GeForce GTX 1650 | $150 | $103 | $104 | $100 | -33% | -3% |
| Common | -40% | 2% |
For instance, we discover it arduous to justify spending $550 on a brand new RTX 3070 as of late, however you will get one used for simply $370, which together with the RTX 3060 Ti at $320 is tempting if you need an Nvidia GPU. The hole in price per body between Nvidia and AMD closes on the used market and makes Nvidia choices a bit extra enticing than new. The GTX 16 collection continues to supply one thing for individuals who have lower than $150 to spend, whereas Turing fashions additionally appear first rate, though the efficiency on provide is getting more durable to suggest for the most recent AAA titles.
| MSRP | Newegg Lowest Worth February | eBay Used Worth January | eBay Used Worth February | Used Worth Hike Jan to Feb | Low cost Used vs New | |
|---|---|---|---|---|---|---|
| Radeon 6950 XT | $1,100 | $700 | $740 | $631 | -15% | -10% |
| Radeon 6900 XT | $1,000 | No inventory | $621 | $585 | -6% | n/a |
| Radeon 6800 XT | $650 | $570 | $523 | $507 | -3% | -11% |
| Radeon 6800 | $580 | $480 | $428 | $405 | -5% | -16% |
| Radeon 6750 XT | $550 | $410 | n/a | n/a | n/a | n/a |
| Radeon 6700 XT | $480 | $350 | $312 | $309 | -1% | -12% |
| Radeon 6650 XT | $400 | $265 | n/a | n/a | n/a | n/a |
| Radeon 6600 XT | $380 | $275 | $221 | $204 | -8% | -26% |
| Radeon 6600 | $330 | $235 | $180 | $170 | -5% | -28% |
| Radeon 6500 XT | $200 | $150 | n/a | $118 | n/a | -21% |
| Radeon 6400 | $160 | $135 | n/a | n/a | n/a | n/a |
| Common | -6% | -18% |
Used AMD Radeon GPUs are more durable to suggest at instances, largely as a result of if you happen to’re shopping for one thing like a Radeon 6800 XT you will not be saving that a lot in comparison with simply shopping for that mannequin new. I definitely would not be grabbing a used graphics card for a mere 10% low cost — we might need not less than 20% off to compensate for the absence of guarantee and any potential points. The Radeon 6600 for simply $170 used, for instance, is a ripping deal.
| MSRP | eBay Common Worth December | eBay Common Worth January | eBay Common Worth February | Present Worth Inflation | Worth Improve Jan to Feb | |
|---|---|---|---|---|---|---|
| Radeon 5700 XT | $400 | $172 | $171 | $164 | -59% | -4% |
| Radeon 5700 | $350 | $141 | $152 | $136 | -61% | -10% |
| Radeon 5600 XT | $280 | $132 | $131 | $129 | -54% | -1% |
| Radeon 5500 XT 8GB | $200 | $113 | $111 | $104 | -48% | -6% |
| Common | -55% | -6% |
The Radeon 5000 collection may additionally be value contemplating as costs proceed to fall there. The 5700 XT for $164 on common is affordable, as it is a related worth to the Radeon 6600 used whereas performing extra like a 6600 XT. You do lose the flexibility to run ray tracing, however this is not related on an entry-level GPU.
Wrap Up
The general GPU market hasn’t modified a lot within the final six months. The middling reception to new graphics playing cards, their related price per body to present fashions, and customarily costly pricing hasn’t shaken up the market in any respect — other than just a few worth drops right here and there. There was no stress on the midrange and entry stage markets, so consumers in that section have been confronted with stagnation since mid-2022.
For prime finish consumers, each AMD and Nvidia have launched their most costly fashions, and inventory for many GPUs is settling to a traditional stage. We would not count on a lot worth motion there. Nvidia is holding agency on RTX 4080 pricing regardless of horrible gross sales volumes, and AMD fashions are too new to start out drastically coming down in worth. As was the case final month, the 2 most in demand fashions — the GeForce RTX 4090 and Radeon RX 7900 XTX — are prone to stay at their MSRP for a while, barring an surprising RTX 4080 worth drop inflicting extra competitors.
Each AMD and Nvidia have talked about weak demand for client elements of their newest earnings stories and the technique for now seems to carry agency, cut back provide to match lowered demand, and preserve crusing in the identical course.
For the mid-range and mainstream markets there’s not a lot to get enthusiastic about. Pricing has been the identical for some time now, new choices/replacements are nonetheless months away, and the brand new fashions might not be mid-range playing cards anyway. The rumors surrounding these upcoming fashions do not paint a very superior image. We might even see a small enchancment in price-to-performance and that is it, which might be overly disappointing however regrettably that is been the final 5 years of GPUs.
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