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<ul><li><keyword id="13491916" type="General" weightage="20" keywordseo="gpu-prices" source="Orion">GPU prices</keyword> have come down significantly when compared to last year.</li><li>The price reduction is due to increased production capacity and the cryptocurrency crash.</li><li>Asus has announced a reduction of up to 25% in the manufacturer’s suggested retail price of its graphics cards.</li></ul><keyword id="257940" type="General" weightage="100" keywordseo="gpu" source="Orion">GPU</keyword> prices are finally coming down after being stuck in an <a href="https://www.businessinsider.in/tech/news/heres-why-gpu-prices-are-skyrocketing-in-india/articleshow/83304810.cms">upward trajectory</a> for the past year or so. According to prices on various Indian retailers, and more widely, around the world, GPU prices have started falling when compared to the past few weeks. And there is still more to come – prices of some popular graphics cards are still over 25% more than the maximum retail prices set by the manufacturers. Lending further credence to this observation is that Asus has announced a reduction of up to 25% in the manufacturer’s suggested retail price (MSRP) of its graphics cards, after the US government lifted a 25% tariff on graphics cards imported from China, suggesting that we could be looking at a worldwide decline in GPU prices soon. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">GPU </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Price on 29/03/2022 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Price on 06/09/2021 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Change </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">RTX 3080 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹88,500 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹1,79,200 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">-₹90,700 </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">RTX 3080 Ti </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹1,42,999 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹1,50,900 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">-₹7,901 </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">RTX 3070 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹57,000 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹98,000 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">-₹41,000 </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">RTX 3070 Ti </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹61,990 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹1,06,000 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">-₹44,010 </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">RTX 3060 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹37,990 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹76,700 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">-₹38,710 </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">RTX 3060 Ti </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹55,000 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">₹81,300 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">-₹26,300 </td></tr></tbody></table>Source: Prime ABGB, Cost to Cost, MD Computers Another significant reason for reduction in <keyword id="13491921" type="General" weightage="20" keywordseo="graphics-card-prices" source="Orion">graphics card prices</keyword> is that the lockdown measures are being eased up across the globe, removing the supply chain issues and bringing supply chain costs down. The issues being faced by the cryptocurrency market have also contributed to the reduction of GPU prices as decreasing profits have made it less attractive for crypto miners to invest in purchasing graphics cards. As per a <a href="https://www.tomshardware.com/news/gpu-supply-hopes-grow-as-abf-substrate-shortages-reportedly-ease?utm_campaign=socialflow&amp;utm_medium=social&amp;utm_source=twitter.com">report</a> by Tom’s Hardware, Ajinomoto Build-up Film (ABF) substrate, which has been facing shortages since 2020 have finally started to ease up. The ABF substrate shortage is expected to recede after mid-2022, helping boost the production of graphics cards. One of the major reasons for this is that manufacturers have Unimicron and NanYa are building additional factories to meet the increased demand. The prices of graphics cards are expected to further come down in the coming months. So, if you have been waiting to get your hands on a GPU, you just need to wait for some more time. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/oneplus-pad-is-rumoured-to-launch-in-india-by-june-with-a-35000-price-tag/articleshow/90489785.cms">OnePlus Pad is rumoured to launch in India by June with a ₹35,000 price tag</a> <a href="https://www.businessinsider.in/tech/news/bad-news-for-gamers-gpu-prices-are-increasing-once-again-this-time-because-of-ethereum/articleshow/85968902.cms">Bad news for gamers – GPU prices are increasing once again, this time because of Ethereum</a> <a href="https://www.businessinsider.in/cryptocurrency/news/russia-says-it-will-accept-bitcoin-for-its-oil-and-gas-exports-from-friendly-countries-like-china-and-turkey/articleshow/90442472.cms">Russian lawmaker proposes accepting bitcoin for its oil and gas exports from 'friendly' countries like China and Turkey</a>

GPU prices are coming down, finally – gamers rejoice, but there’s more to come

<ul><li>A large chunk of the internet is facing a major <keyword id="6455848" type="UNKNOWN" weightage="20" keywordseo="outage">outage</keyword>. </li><li>The outage has swept big websites like Reddit, Twitch, Amazon, and news publications like CNN, The New York Times, The Guardian and more. </li><li>The outage is said to be due to a fault at <keyword id="9451182" type="UNKNOWN" weightage="20" keywordseo="fastly">Fastly</keyword>’s end.</li></ul>A global outage to internet service provider Fastly is affecting a huge chunk of the internet. Some major websites including Amazon, Reddit, Twitch, news websites CNN, The New York Times, The Guardian and The Verge are either completely offline or working with limited capacity as of 4:10 p.m., India time. <div type="twitter" handle="TwitterMoments" handlename="Twitter Moments" image="http://pbs.twimg.com/profile_images/1354500397839208450/E8uasVrg_normal.jpg" favoritecount="47" retweetcount="18" status="If large parts of the web aren't showing for you, you're not alone. https://t.co/ZUnsx2phaP" createdat="1623149600000" id="1402217173398007810"></div> According to <keyword id="3191286" type="PERSON" weightage="20" keywordseo="DownDetector">Downdetector</keyword>.com, the website that tracks internet outages, it appears that San Francisco-based Fastly is experiencing a major outage. The outage is said to have begun at 3:00 p.m., India time, and the reason behind the issue is still unknown. “We’re currently investigating potential impact to performance with our CDN services,” the firm told news website TechCrunch. <div type="twitter" handle="LondonEconomic" handlename="The London Economic" image="http://pbs.twimg.com/profile_images/1254764391750184966/yPw2HAQL_normal.jpg" favoritecount="7" retweetcount="5" status="Countries impacted by #InternetOutage: 🇮🇪 Ireland 🇩🇪 Germany 🇬🇧 UK🇺🇸 US🇭🇰 Hong Kong 🇯🇵 Japan 🇸🇬 Singaporehttps://t.co/NKymPoTS65" createdat="1623149005000" id="1402214676369453060"></div> Outages like these usually occur due to some fault at a central service provider like Amazon Web Services (AWS) or Akamai. In this case, the problem is being traced to Fastly, which is a CDN (content delivery network). Fastly says it had begun looking for the “potential impact to performance with our CDN services,” as per TechCrunch. As per The London Economic, the main countries impacted by the outage are Ireland, Germany, United Kingdom, United States, Hong Kong, Japan and Singapore. Update: Most of the websites are backed up and the issue has been identified. Fastly posted an <a href="https://status.fastly.com/incidents/vpk0ssybt3bj">outage message</a> on its status page. “A fix was applied at 10:36 UTC. Customers may continue to experience decreased cache hit ratio and increased origin load as global services return.,” said Fastly at 5:27 pm IST. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/heres-why-gpu-prices-are-skyrocketing-in-india/articleshow/83304810.cms">GPU prices are skyrocketing in India — this is how crypto miners and scalpers are making it worse</a> <a href="https://www.businessinsider.in/tech/news/apple-just-unveiled-its-ios-15-software-update-here-are-the-biggest-changes-coming-to-your-iphone-/articleshow/83321906.cms">Apple just unveiled its iOS 15 software update. Here are the biggest changes coming to your iPhone.</a> <a href="https://www.businessinsider.in/tech/news/apple-is-finding-more-ways-to-keep-you-glued-to-the-iphone-with-ios-15/articleshow/83325980.cms">Apple is finding more ways to keep you glued to the iPhone with iOS 15</a>

Internet outage in many parts of the world, as a private content delivery network goes down — Amazon, Reddit, CNN and many others affected

<ul class="summary-list"><li>Nvidia CEO <keyword id="4877280" type="PERSON" weightage="60" keywordseo="jensen-huang">Jensen Huang</keyword> spoke to a group of journalists at the Computex IT conference. </li><li>He said <keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">ethereum</keyword> will be valuable due to its scalability and credibility in areas including DeFi.</li><li>He also spoke about Nvidia's role in the future of <keyword id="2721952" type="PERSON" weightage="60" keywordseo="crypto">crypto</keyword> mining and said he believes a <keyword id="11121339" type="UNKNOWN" weightage="60" keywordseo="Metaverse">metaverse</keyword> is imminent. </li></ul>Jensen Huang, the CEO of chip and graphics card producer Nvidia, recently spoke to a group of journalists at the IT expo Computex about his views on ethereum's value, how Nvidia's products fit into the <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite" id="docs-internal-guid-474d5884-7fff-42d2-2dbf-26a43848f924">crypto</a> ecosystem and why he thinks we're on the cusp of creating a metaverse in an interview published by <a href="https://venturebeat.com/2021/06/12/nvidia-ceo-jensen-huang-weighs-in-on-the-metaverse-blockchain-chip-shortage-arm-deal-and-competition/">VentureBeat</a>. Nvidia's graphic processing units are top-level graphic cards that also have crypto mining capabilities. Huang, a big proponent of artificial intelligence, unveiled a lower resolution graphics card at the conference that has been designed specifically for <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite" id="docs-internal-guid-474d5884-7fff-42d2-2dbf-26a43848f924">crypto</a> mining. He also addressed the global chip shortage, Nvidia's role in it and whether he believes the Chinese government will interfere in the development of artificial intelligence. Here are Huang's ten best quotes from the interview, lightly edited and condensed for clarity. <ol><li>"Am I excited about proof of stake? The answer's yes....Ethereum has established itself. It has the opportunity now to implement a second generation that carries on from the platform approach and all of the services that are built on top of it. It's legitimate. It's established. There's a lot of credibility. It works well. A lot of people depend on it for DeFi and other things. This is a great time for proof of stake to come." - on the opportunities ethereum provides and the network's value for <keyword id="6355684" type="PERSON" weightage="60" keywordseo="Blockchain">blockchain</keyword> and crypto.</li><li>"We reduced the performance of our GPU on purpose so that if you would like to buy a GPU for gaming, you can. If you'd like to buy a GPU for crypto mining, either you can buy the CMP version, or if you really would like to use the GeForce to do it, unfortunately the performance will be reduced." - on how Nvidia is trying to decrease graphic card prices and why they developed CMP. </li><li>"We'll just keep working with our supply chain to inform them about the changing world of IT, so that they can be better prepared for the demand that's coming in the future. But I believe that the areas that we're in, the <keyword id="31671" type="CITY" weightage="100" keywordseo="markets">markets</keyword> that we're in, because we have very specific reasons, will have rich demand for some time to come." - on managing the ongoing global shortage of semiconductors.</li><li>"It's now established that ethereum is going to be quite valuable. There's a future where the processing of these transactions can be a lot faster, and because there are so many people built on top of it now, ethereum is going to be valuable. " - on the outlook for the ethereum network based on its scalability. </li><li>"I believe we're right on the cusp of it. [...] There will be many types of metaverses, and video games are one of them, for example. [...] We'll see this overlay, a metaverse overlay if you will, into our physical world." - on when and how a metaverse will become real. </li><li>"You need that blockchain to have some fundamental value, and that fundamental value could be mined. Cryptocurrency is going to be here to stay. Ethereum might not be as hot as it is now. In a year's time, it may cool down some. But I think crypto mining is here to stay." - on the future of crypto mining and blockchain networks.</li><li>"I believe that there will be a larger market, a larger industry, more designers and creators, designing digital things in virtual reality and metaverses than there will be designing things in the physical world. [...] The economy in the metaverse, the economy of Omniverse, will be larger than the economy in the physical world. Digital currency, cryptocurrency, could be used in the world of metaverses." - on his vision for the omniverse that Nvidia is developing. </li><li>"My sense is that we're welcome in China and we'll continue to work hard to deserve to be welcome in China, and every other country for that matter." - on whether the Chinese government will step in and regulate Nvidia's work on artificial intelligence. </li><li>"One of the most important technologies that we have to build, for several of them - in the case of consumers, one of the important technologies is AR, and it's coming along." - on the development and accessibility of augmented reality. </li><li>"This is the largest market opportunity the IT industry has ever seen. I can understand why it inspires so many competitors. We just need to continue to do our best work and run as fast as we can." - on the future of the graphics processing unit industry and the competition within it.</li></ol> <a href="https://forum.businessinsider.in/">For a more in-depth discussion, come on over to Business Insider Cryptosphere</a> — a forum where users can deep dive into all things crypto, engage in interesting discussions and stay ahead of the curve. SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/investments-in-crypto-hit-17-billion-in-the-first-six-months-of-2021/articleshow/83740327.cms">Investments in crypto hit a new record of $17 billion, but Indian funds are yet to jump on the bandwagon</a> <a href="https://www.businessinsider.in/cryptocurrency/news/indian-cryptocurrency-exchange-wazirx-has-listed-shiba-inu-tokens-for-trading-in-indian-rupees/articleshow/82731429.cms">Chiacoin claims to be an eco-friendly cryptocurrency — here's how it works</a> <a href="https://www.businessinsider.in/cryptocurrency/news/here-is-why-a-ban-on-cryptocurrencies-may-not-be-even-possible/articleshow/82741310.cms">Is a ban on cryptocurrencies even possible?</a> <a href="https://www.businessinsider.in/cryptocurrency/news/latin-america-and-south-asia-show-two-ends-of-the-crypto-regulatory-spectrum/articleshow/83638437.cms">Even as Latin America embraces Bitcoin, Southeast Asia is clamping down on cryptocurrencies</a>

Nvidia CEO Jensen Huang talks about the value of ethereum, advances in crypto mining and the global semiconductor shortage in a recent interview. Here are the 10 best quotes.

<div class="KonaFilter image-container display-table"><div><div class="image on-image">AP Photo / Paul SakumaNvidia CEO and president Jen-Hsun Huang plays with a game using Nvidia's Physx technology for gaming, at the International Consumer Electronics Show in Las Vegas, Thursday, Jan. 8, 2009.</div></div></div><ul><li>The US and China have agreed to go ahead with further trade talks, but the ongoing US government shutdown could derail trade negotiations, a report said.</li><li>The outcome of the trade talks is especially relevant for the semiconductor industry that relies heavily on manufacturing steps in multiple geographic regions, according to William Stein at SunTrust Robinson Humphrey.</li><li>Among the semis industry, <a href="https://markets.businessinsider.com/stocks/nvda-stock">Nvidia</a> stands out as a structural grower, according to Stein. </li><li><a href="https://markets.businessinsider.com/stocks/nvda-stock">Watch Nvidia trade live.</a></li></ul><a href="https://markets.businessinsider.com/stocks/nvda-stock">Nvidia </a>is a good bet in the semiconductor space amid the uncertainty of the trade talks between the US and China, an analyst said Friday. After ending a three-day trade negotiation in Beijing, the US and China have <a href="https://www.businessinsider.com/trump-china-trade-war-government-shutdown-threatens-negotiations-2019-1">agreed to go ahead with a further set of talks</a> at the end of January in Washington, DC, The Wall Street Journal reported on Friday. But, the talks could be delayed due to the US government shutdown linked to a funding request by President Donald Trump to build a wall on the southern border, the report said. "We believe a constructive resolution will lift semis, but a delay or destructive resolution will take most lower," William Stein, an analyst at Sunset Robinson Humphrey, said in a note out on Friday. The outcome of the trade talks is especially relevant for the <a href="https://markets.businessinsider.com/news/stocks/amd-stock-price-nvidia-chipmakers-rally-trump-xi-trade-truce-2018-12-1027775376">semiconductor industry, which relies heavily on the manufacturing steps in multiple geographic regions,</a> Stein said in December.<div title="Page 1">Among the semis industry, Nvidia stands out as a structural grower, according to Stein. Nvidia on Sunday unveiled its new <a href="https://markets.businessinsider.com/news/stocks/nvidia-stock-price-new-chip-unveiled-2019-1-1027849001">GeForce RTX 2060</a> gaming graphics card, which at $349-$450 can make the chipmaker's new Turing architecture accessible to laptop gamers. Like its previous Turing cards, the RTX 2060 also supports new features such as real-time ray tracing, Nvidia's niche technology that allows for more cinematic and realistic visual. "We view the announcement as distinctly positive," said Stein. He added that when the card becomes available on January 13, it will help boost the company's fourth-quarter earnings, which will be out on February 14.Stein also noted that Nvidia has looked past its GPU-inventory problem. Nvidia in November <a href="https://markets.businessinsider.com/news/stocks/nvidia-earnings-q3-what-wall-street-says-2018-11-1027734863">guided its fourth-quarter revenue</a> 20% below the Wall Street consensus, pinning its problems on <a href="https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-third-quarter-fiscal-2019">an excess of mining GPUs post the crypto-currency boom.</a>"Our anecdotal review of inventory from 3rd party GPU sellers indicates a significant decrease in GPU inventory relative to the levels we observed when NVDA reported third-quarter results," Stein said.<div title="Page 3">Stein has a "buy" position and a $237 price target for Nvidia- 60% above where shares were trading Friday.Nvidia was down 34% in the past year.</div><div title="Page 1"><h2>Now read:</h2><ul><li><a href="https://www.businessinsider.com/trump-china-trade-war-government-shutdown-threatens-negotiations-2019-1">China and the US just agreed to a fresh set of trade-war negotiations - but the government shutdown threatens to derail any progress</a></li><li><a href="https://markets.businessinsider.com/news/stocks/nvidia-stock-price-new-chip-unveiled-2019-1-1027849001">Nvidia is surging after unveiling new chips targeting cost-sensitive laptop gamers (NVDA)</a></li><li><a href="https://www.businessinsider.com/nvidia-ceo-slams-amd-new-7-nanometer-gpu-report-2019-1">Nvidia's CEO reportedly slams rival AMD's new 7-nanometer gaming graphics card</a></li></ul><div class="KonaFilter image-container display-table"><div><div class="image on-image">Markets Insider</div></div></div></div></div> <div class="margin-top"> <h3>NOW WATCH: <a href="https://www.businessinsider.com/why-sea-cucumbers-so-expensive-seafood-2019-1">Sea cucumbers are so valuable that people are risking their lives diving for them</a></h3> <div> </div> </div>

You Searched For "gpu price decrease" and got 4 results

GPU prices are coming down, finally – gamers rejoice, but there’s more to come

Rounak Jain

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