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Prices plummeted 60%! Some merchants have lost hundreds of thousands of dollars, "they can't bear it without cutting meat"

The era of lying and making money is over!

Graphics card price has plummeted 60% from the highest point

The days of graphics card merchants lying to make money are over!

According to the Times Weekly, the price of graphics cards has finally reached an inflection point. According to industry insiders, since March, the actual price of some models of RTX 3080 has fallen below 6600 yuan, which is only one step away from the official issue price of 5499 yuan. The spot price of 16,000 yuan, which is close to the highest point, has fallen by nearly 60%.

Previously, driven by the "mining" of cryptocurrencies, coupled with the impact of "lack of core", the price of graphics cards soared for a full 2 years, and when the most exaggerated time, the market price of a single graphics card was even higher than that of the computer.

Prices plummeted 60%! Some merchants have lost hundreds of thousands of dollars, "they can't bear it without cutting meat"

Most merchants are still sorting out their goods Image source: Photo by a reporter from The Times Weekly

There are merchants in Huaqiang North who cut meat to protect themselves

In the case of the price of graphics cards falling and falling, most merchants in Huaqiang North have chosen to "cut meat and clear the warehouse".

For the change of graphics card price, Huaqiang North boss "Spring River Plumbing Duck Prophet".

One employee said that their boss had cleared a large amount of stockpiles when the price of graphics cards fell slightly last year, which led to them not being able to take out more than 10 pieces of stock for a while and a half. He also sighed, "I often walk by the river where there are shoes that are not wet, as long as I get wet, I will immediately have to stop the loss." ”

Inside the building, there are also slogans from the glory days Photo source: Photo by the Time Weekly reporter

"At the moment when the price of graphics cards has plummeted, most of the small bosses are resigned to fate, and they feel that it is normal to have ups and downs." A Chinese industry insider analyzed that most bosses are limited by their own level, their thinking is not so complicated, and they generally operate high-value-added electronic raw parts as small shops to buy snacks. Taking goods from the hands of channel providers, hanging them online, and finally sending things to customers is all they can do.

On March 28, the Times Weekly reporter visited Huaqiang North again, and a number of merchants at the scene said that the current graphics card price is very volatile, and some models of graphics cards have reduced prices by about 1,000 yuan in 20 days.

A shop owner revealed to the Times Weekly reporter that after the video card plummeted, it has lost hundreds of thousands of yuan: "Now we can only control the amount of goods, and the expectation of making money has decreased a lot." ”

Nancai reporter visited:

Graphics card quotes fell 35% in one day, the biggest drop in history

Prices plummeted 60%! Some merchants have lost hundreds of thousands of dollars, "they can't bear it without cutting meat"

A few days ago, the price of graphics cards in domestic and foreign markets fell sharply.

The price of Nvidia's high-end graphics card GeForce RTX 3080 fell by 35% in one day in the Australian market, and the price dropped from 2299 Australian dollars (about 10,000 yuan) to 1499 Australian dollars (about 7,000 yuan), the largest decline in history, and the price of other specification graphics cards also fell by 10% in recent times.

According to Nancai Video report, graphics card as one of the components of the computer foundation, mainly responsible for graphics operations, play games, cut video and a lot of graphics design work need a good graphics card, the recent graphics card market price, "a card is difficult to find" the day is going to pass?

Come and see The Nancai reporter visited.

Global graphics card prices have dropped dramatically!

Is it because the mining business is not good, or is it for the new inventory clearance?

According to the Southern Metropolis Daily, due to the strong demand for "mining" in the past two years, graphics cards are often in short supply, and their prices have also risen. Nowadays, with the supervision and regulation of virtual currency "mining" projects in various countries, virtual currencies are also facing increasing risks.

In September 2021, the National Development and Reform Commission, the People's Bank of China and 11 other departments jointly issued the "Notice on Rectifying virtual currency "mining" activities", which clearly stated that in accordance with the general idea of "close monitoring, strict risk prevention, strict prohibition of increments, and proper handling of stocks", give full play to the joint efforts of various regions and departments, strengthen the supervision of the whole industrial chain of the upstream and downstream of virtual currency "mining" activities, strictly prohibit the addition of new virtual currency "mining" projects, accelerate the orderly withdrawal of existing projects, promote industrial structure optimization and help carbon peak, The carbon neutrality target is on schedule.

Ten departments, including Chinese Min bank, have also previously issued documents clarifying that virtual currencies do not have the same legal status as legal tender, and related business activities are illegal financial activities.

Abroad, Russia's central bank said it would propose a ban on virtual currency trading and mining, and prohibit financial institutions from investing in virtual currencies and related financial instruments. EU securities, banking and insurance supervisors have said in a joint statement that consumers risk losing all the money they invest in crypto assets and could become victims of scams. Regulators in the UK, Spain and Singapore have all said they need to strengthen regulations to promote virtual assets to less experienced investors.

With the price of virtual currency falling, a large number of second-hand graphics cards have returned to the market, and the graphics card industry has also returned to rationality. At the same time, it is reported that domestic graphics card manufacturers have also followed up and adjusted the price of graphics cards.

A source close to Asus told Nandu reporter that due to the reduction in the cost of shipment costs in some model factories, ASUS graphics card factories adjusted prices in the second half of March, targeting high-end graphics cards.

Among them, the individual models of 3080TI were lowered by 500 yuan (RMB, the same below), the RTX3080 series high-specification models were lowered by about 1000 yuan, the RTX3070TI series of all models were lowered by 300 yuan, the RTX3070 series of all models were lowered by 200 yuan, and other models did not have any price adjustment action for the time being.

At the same time, according to public reports, Rainbow, Gigabyte and other graphics cards Changshan also began to reduce the price of graphics cards. Among them, the rainbow adjustment range is larger, except for the 3050 \1650\1050TI and other series models have price adjustment actions, the downward adjustment range is between 100-650 yuan; and Gigabyte is the 1660TI to 3080TI all models downgraded, the amplitude is about 500-1500 yuan.

In addition, some insiders have analyzed that the major graphics card manufacturers have reduced the price of graphics cards on the one hand because the cost has been controlled, but on the other hand, it is also related to the replacement of graphics cards.

It is reported that graphics card leading companies such as NVIDIA and AMD will release a new generation of graphics card products and the performance has been greatly improved, if the graphics card manufacturers or dealers still continue to cover the sale of goods instead of systematically cleaning up inventory, they will face huge inventory pressure.

It is worth mentioning that in recent years, the news about "the difficulty of mining has been upgraded, resulting in the inability to mine the computing power of the graphics card", "mining from POW to POS, 4G graphics card can not be mined", "Ethereum 2.0 uses POS" and other news, which has also had a certain impact on the downward price of graphics cards.

Source | Times Weekly (Author: Shi Enze, Guo Zihao), Nancai Video (Author: Xu Taoye, Peng Shenghua, Editor: Ding Haili), Southern Metropolis Daily (Reporter: Chen Peijun)

This issue is edited by Jiang Peipei

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