Graphics Card Prices Expected To Keep Rising TIll the End of 2022

If you were hoping that the consequence of cryptocurrency mining on Graphics Card prices will taper out due to the recent crash in cryptocurrency prices, here's some bad news for you. As per Nvidia, graphics card prices are fix to continue ascent for the most of 2018.

According to a report published on Forbes, it'south no longer true that cryptocurrency miners are only opting for AMD graphics cards. In fact Nvidia expects the GPU prices to proceed rising upwards till the end of the year, at least.

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According to the ownership director B Hutch of customs-driven commerce platform Massdrop, who spoke to Nvidia:

"First the shortage. All new cell phones coming out by Apple and Samsung (and others) last year started using the same retention as graphics cards. Apple and Samsung are willing to pay more for this memory to make sure they go information technology get-go and all of information technology that they need. This has created a shortage of memory for the much smaller companies like MSI, Gigabyte, Asus, and EVGA to make graphics cards."

"Adjacent the demand: This is obvious every bit the mining craze that'southward been going on has created a huge demand in the market equally miners are gobbling up just about every card bachelor on earth."

From the statement, information technology'due south clear that apart from cryptocurrency miners who are hogging upward all the GPUs they can go their hands on, the shortage of memory has resulted in the falling production of GPUs in general.

When the loss in production is combined with the loftier need for graphics card due to cryptocurrency mining, it merely shows that the price of GPUs volition keep on increasing at least for the foreseeable futurity.