You read that right. In a huge change from the past two years, prices are low and high-end PC graphics boards are readily available. So get out there, gamers: 📸: Getty
What got us to the point of graphics cards disappearing from retail channels and getting sold at huge markups on secondary markets, Peddie says, was a combination of factors including “mining and recessions and stock market crashes and wars and pandemics, and everything you could think of to just screw up that nice, predictable curve that we forecasters used to make our models,” he says.
Surprisingly, Peddie says, it wasn't supply-chain issues or Covid itself that caused the shortage, it was scalpers and crypto farms. Covid factory shutdowns, he says, “lasted maybe a week or two at most,” and the graphics industry works on three- to five-year cycles, so even big disruptions don't take long-term planning and orders too far off course.
But on the demand side we saw the rise of crypto-mining farms using powerful graphics cards to speed up their activity, and more demand for cards as old and new gamers tried to upgrade their systems during 2020's pandemic lockdown to play newer games. Now, though, there's much more inventory in retail channels, and a refresh cycle of new products is overdue, he says. “It's price elasticity all over the place,” Peddie says. “If you need a graphics board, it's an excellent time. You couldn't do better.”What type of graphics card you should upgrade to depends on the type of games you want to play.
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