The recent crypto bear market has seen a sharp decline in the prices of graphics cards, which have nearly returned to what could be considered normal levels in recent times.
According to a report from DigiTimes, NVIDIA has stockpiled about a million GPUs that are yet to be released. Nvidia, the most prominent GPU manufacturer, is reported to have a supply of over one million GPUs in its warehouses and its next-generation GPUs made using TSMC's 12nm and 7nm processes are now expected to be postponed to late fourth-quarter 2018, or until inventory returns to safe levels, the sources said. All this also coincides with the decrease in cryptocurrency mining demand.
Reports suggest that prices will have dropped by around 20 percent by the end of this month, which is obviously terrific news for those who buy such hardware for non-mining purposes, such as gamers. They now have excess stock of current-gen cards as a result, and there doesn't look like there'll be much demand for them in the immediate future. Despite the fact that the card's nomenclature is yet to be confirmed, they are however anticipated to be the GeForce GTX 1180 range.
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The upcoming event of Nvidia at Gamescom will witness the launch of its next generation of graphics cards, including the GeForce GTX 1180. These two new series of graphics cards makes it more likely that the older Graphics cards will see a good price drop soon this month especially when Nvidia has hundreds of thousands of graphics cards in stock that are yet to be sold in the market.
Anyway, if the rumors about the launch that we've seen so far actually turn out to be true, we may get to see next-gen NVIDIA GPUs during Q3 2018.