{"id":452758,"date":"2022-07-15T13:03:43","date_gmt":"2022-07-15T11:03:43","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=452758"},"modified":"2022-07-15T13:07:17","modified_gmt":"2022-07-15T11:07:17","slug":"nvidia-slashes-rtx-30-prices","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/hardware\/452758-nvidia-slashes-rtx-30-prices.html","title":{"rendered":"Nvidia slashes RTX 30 prices"},"content":{"rendered":"<p>Nvidia has reduced the prices of its high-end GeForce RTX 30 series cards by between $100 and $500.<\/p>\n<p><a href=\"https:\/\/videocardz.com\/newz\/benchlife-nvidia-to-introduce-geforce-rtx-3090-3080-price-cuts-this-week\" target=\"_blank\" rel=\"noopener\"><strong>VideoCardz<\/strong><\/a> was the first to report that the company planned to slash its manufacturer&#8217;s suggested retail price (MSRP) on the three top-end cards in the range.<\/p>\n<p>According to <a href=\"https:\/\/www.tomshardware.com\/news\/nvidia-geforce-rtx-30-price-cuts\" target=\"_blank\" rel=\"noopener\"><strong>Tom&#8217;s Hardware<\/strong><\/a>, Nvidia has now proceeded, making the following changes to the MSRP:<\/p>\n<ul>\n<li>GeForce RTX 3090 Ti \u2014 $1,499, down $500 from $1,999<\/li>\n<li>GeForce RTX 3090 \u2014 $1,299, down $200 from $1,499<\/li>\n<li>GeForce RTX 3080 Ti \u2014 $1,099, down $100 from $<\/li>\n<\/ul>\n<p>It is understood that the company is slashing prices to get rid of current-generation inventory ahead of its RTX 40 range launch in the coming months.<\/p>\n<p>The MSRP reductions should further reduce graphics card prices, which have already dropped in recent weeks due to the big cryptocurrency crash.<\/p>\n<p>Miners have flooded online marketplaces with used cards and are showing little interest in buying new cards because mining has become less profitable at the current cryptocurrency prices.<\/p>\n<p>The changes have also been evident in the South African market.<\/p>\n<p>The lower-end RTX 3060 now starts at R6,999 on Evetech for the Palit version and R7,199 from Wootware for the Galax model.<\/p>\n<p>That compares very well with Nvidia&#8217;s MSRP of $329 (about R5,666) for the RTX 3060, especially considering shipping, taxes, and a profit margin have to be factored in.<\/p>\n<p>At the higher end, the same MSI RTX 3090 model, <a href=\"https:\/\/mybroadband.co.za\/news\/hardware\/366132-new-nvidia-rtx-30-series-graphics-cards-south-african-pricing.html\" target=\"_blank\" rel=\"noopener\"><strong>which cost R41,999<\/strong><\/a> at launch from Evetech, is now priced at <a href=\"https:\/\/www.evetech.co.za\/msi-geforce-rtx-3090-gaming-x-trio-24gb\/best-deal\/9685.aspx\" target=\"_blank\" rel=\"noopener\"><strong>R32,999<\/strong><\/a>.<\/p>\n<h3 class=\"my-4\">Good news about RTX 40 prices<\/h3>\n<p>There also appears to be some early good news for the prices of Nvidia&#8217;s upcoming RTX 40 series graphics cards.<\/p>\n<p>Nvidia reportedly ordered 5-nanometre wafers for their graphics cards from chip foundry TSMC based on demand before the crypto winter hit.<\/p>\n<p>While the company wanted to cut its order numbers, <a href=\"https:\/\/www.extremetech.com\/computing\/337640-tsmcs-biggest-customers-are-reported-to-be-asking-to-reduce-wafer-orders\" target=\"_blank\" rel=\"noopener\"><strong>TSMC has reportedly refused<\/strong><\/a> to do so.<\/p>\n<p>Instead, it has only proposed the shipment be pushed back by a quarter or two or that Nvidia find alternative companies to take up the wafers.<\/p>\n<p>The latter seems highly unlikely, but there are several reports that Nvidia is postponing the RTX 40 launch for several months.<\/p>\n<p>With Nvidia&#8217;s board partners already buying less RTX 30 stock from the company, it could sit with an oversupply of cards once the RTX 40 lands.<\/p>\n<p>That could mean gamers might get RTX 40 cards for a steal soon after launch \u2014 if another crypto bull market doesn&#8217;t hit.<\/p>\n<hr \/>\n<h3 class=\"my-4\">Now read:\u00a0 <a href=\"https:\/\/mybroadband.co.za\/news\/hardware\/451298-best-4k-monitors-in-south-africa.html\" rel=\"bookmark\">Best 4K monitors in South Africa<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>In the wake of the crypto winter, RTX 30 graphics cards are already much cheaper than they were for the past year and a half. <\/p>\n","protected":false},"author":341042,"featured_media":400985,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[3838,79022,43124],"class_list":["post-452758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-nvidia","tag-rtx-40-series","tag-taiwan-semiconductor-manufacturing-company-tsmc"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/452758"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341042"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=452758"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/452758\/revisions"}],"predecessor-version":[{"id":452788,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/452758\/revisions\/452788"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/400985"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=452758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=452758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=452758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}