Nvidia GPU prices fall with the rapid drop of the RTX 3070 and RTX 3060 Ti

Nvidia GPU prices fall with the rapid drop of the RTX 3070 and RTX 3060 Ti

Nvidia graphics card prices have fallen over the last week, as have AMD GPUs (in many cases, anyway).

Yes, the big drop in graphics card prices continues for the RTX 3000 and RX 6000 products, and it's no surprise that Nvidia's GPUs in particular are dropping, given that the RTX 4000 lineup was revealed earlier this week. And also, the Ethereum meltdown happened recently, which decreased the demand for graphics cards on the crypto front to boot.

As Tom's Hardware (opens in a new tab), our sister site that regularly monitors GPU prices, reports, the biggest drops in Nvidia's current-gen GPUs have been seen with the RTX 3090 and, drum roll, the RTX 3060 Ti, both of which are down 11% at US retailers. Remember, it's only a week away, so that's a pretty big drop in that short amount of time.

The RTX 3070 also dropped 7% and the RTX 3050 8%, with most other Nvidia graphics cards seeing decent 2-3% drops. There were a few models where the price did not change, namely the RTX 3090 Ti, RTX 3080 Ti, and RTX 3060.

As we mentioned at the beginning, there has also been considerable downward movement for AMD GPUs. This includes big drops for the RX 6700 and 6700 XT, which are down around 15%, and the price of the RX 6750 XT is down 11% from a week ago.

However, there were exceptions with AMD graphics cards, both high-end and low-end, with the flagship price of the RX 6950 XT increasing by 4% and the RX 6500 XT by 5%, while the RX 6400 increased by 4%. %. a substantial 9%.

Review: Is it time to get a GPU?

This is great news overall, with an average price drop of 3,5% across all current-gen GPUs. Also very welcome are discounts for more affordable Nvidia graphics cards, which have so far resisted price cuts quite stubbornly, such as the RTX 3060 Ti and RTX 3050, both down around 10%.

The strange thing is that some of AMD's budget offerings have increased, and there's really no explanation for what comes to mind. The price increase for the flagship RX 6950 XT can be explained: it just went on sale, as Tom's Hardware notes.

As for the RTX 3090 Ti, which hasn't gone up, but it hasn't gone down either, its price remains the same, probably because this flagship GPU has already gone down a lot lately. And the remaining RTX 3060 at the same price is probably a reflection of the current popularity of this graphics card, as one of the more affordable models. But really, since the RTX 3060 Ti doesn't cost much more, you're better off spending the extra money to get that extra performance, which we cleared up in our 3060 Ti review.

Or you could consider an AMD RX 6600 as an alternative, which is a great value proposition at the moment, as Tom points out, if you're willing to consider going to Team Red. Or you can just wait, because prices may fall further. With these reductions spanning a week, it's probably safe to see what another week or two brings.

That said, Nvidia's incoming Lovelace cards will start with just the RTX 4090 and a couple of RTX 4080 variants, so there won't be an RTX 4070 or 4060 just yet, probably until early 2023. You might remember Team Green saying they were going to use a layered strategy of next-gen and current-gen GPUs shipping together in the near future, so movement in the range of low and mid-range RTX graphics cards may be more limited after these initial drops bigger after Lovelace's announcement. Still, waiting and seeing won't hurt, as we can't see things happening on the Nvidia GPU front.

Today's best graphics card deals