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Graphics card prices could fall sharply next month

In rare cases, we recommend waiting for your PC to be updated if you are currently in need of a performance boost. That's because there's always something newer, brighter and above all Faster just around the corner. That's the situation we're in when it comes to graphics cards, but should you really wait when there's a good deal? This depends in part on whether large price declines come, as is currently rumored.

We can not say with certainty how things will pour out. However, Digitimes claims to have heard from sources in the upstream supply chain that suppliers are planning to cancel graphics card pricing to remove existing inventory.

In theory, this makes sense for several reasons. One of them is that we know that Nvidia is preparing a new round of GPUs to talk about at the hot-chip conference in August. It's quite possible that Nvidia will announce or launch its next-generation GeForce line, but even if not, they will come.

The other reason is that cryptocurrency mining has cooled off. Bigger operations are still out there to calculate calculations, but in general it is less profitable to mine cryptocurrencies at the moment, to displace middle and smaller mining companies, and individuals who want to make a simple buck. This in turn has weakened the demand for graphics cards.

The sources with which Digitimes spoke, expect an average price drop of about 20 percent. Assuming that these price reductions are reflected in retail prices, there could be some tempting deals.

Whether or not to wait depends on how urgently you need to upgrade and what kind of deals are currently expected. If you can get along for the time being, it probably pays off to wait a couple of weeks to see if these falls will occur. If you're in dire need of a faster GPU and encounter a great deal, it's no shame to hit the trigger.

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