Nvidia’s RTX 3000 graphics cards could see more price reductions as August progresses, or that’s the latest gossip on the vine.
As VideoCardz (opens in new tab) noticed, this theory was aired by a Chinese source (ZOL (opens in new tab)through My Drivers (opens in new tab)), and the belief is that Nvidia’s price cut will continue – and indeed, in a few weeks time, we will witness deeper discounts to move Ampere’s stock.
The story at ZOL – add your own skepticism to it all, liberally – is that the price cuts will get “more aggressive” towards the end of August, and not just for Nvidia but for AMD as well. The claim is that Team Green will make bigger price cuts than AMD in an attempt to further boost sales of the RTX 3000 to a greater extent than the RX 6000 (Nvidia GPUs are already much more popular anyway, mind you, in the current climate).
It’s unclear exactly which models Nvidia could reduce asking prices, but we can count on high-end GPUs being reduced in price, as has happened – just look at the Huge discount recently witnessed on RTX 3090 Ti flagshipfor example.
The hope is that prices will also be eased for more affordable Ampere graphics cards like the RTX 3060 and 3070; Significant price cuts in this range could mean some serious bargains could be available (finally).
Analysis: Wait and see is our advice (again)
While we have to be careful with the source here – more so than the usual nuggets of rumor – we’re a little more willing to allow some more benefit of the doubt, as this obviously lines up with what’s already happening and what’s widely predicted for Nvidia GPU prices in the near future.
It would hardly come as a surprise, given the consistent rumors that have surfaced about Nvidia’s RTX 3000 Graphics Overstockand having to balance helping partners clear that inventory with deciding on the timeframe for the next-gen GPU launch (boosting the RTX 4000 too fast, and that will further slow sales that are already problematic, as we sawdue to the cryptocurrency crash and cost of living crisis).
What’s particularly interesting here is the prospect of AMD engaging in a similar price cut, and that this could turn into a discount battle to sell current-gen products ahead of their successors’ launch.
We were already advising people to wait for the bigger price drops to come from Nvidia anyway, and this vine talk just underlines that even more firmly. It’s certainly worth waiting a few weeks to see where the price moves go with Nvidia’s graphics cards – and indeed, OMG – and discover how much truth there is to the rumors of bigger drops. After all, what do you have to lose, really, by not buying now and waiting a while? Not much, we suggest, although you may have a lot to gain in terms of potential savings.
There is also the possibility that with this type of speculation consistently making itself felt in the GPU world, more pronounced price drops will become a self-fulfilling prophecy as more people wait, and there is a greater need to spur weak sales as a result. .