Manufacturers are feeling the heat.
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With the long downtrend of the cryptocurrency market, the demand for GPU mining rigs has substantially declined. Suppliers noted, graphics card prices are expected to fall about 20% this month.
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Nividia, has approximately 1 million GPUs available, sources confirmed. Next-generation GPUs from Nividia that use TSMC’s 7nm and 12 nm processes will be put on hold until inventory levels improve, pushing processes to the late fourth quarter
Miners are expected to sell their used graphics cards, forcing retailers to slash prices in order to remain competitive.
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This is good news of gamers and PC builders looking to snag a new GPU at a reasonable price.