As China is a major manufacturer for electronics, it's likely we will see this trickle across to the wider global market. A blend of misfortune means no singular reason can be blamed for the current market situation, but a key issue is a supply, with the Covid-19 pandemic causing production to slip. We also wouldn't discredit that this is happening in China rather than in western countries like the USA. This paints a concerning picture for the coming months of availability, and while this is purely speculative, it looks like we're going to suffer through low stock and artificially inflated prices for a good while. While some of the above price changes are small, there's little reason for an older GPU like the GTX 1050 Ti to receive a price bump when newer entry-level cards with a relatively affordable MSRP exist on the market, such as the RTX 3060. We can't be certain that the price increases we're seeing are reflective of the increased manufacturing costs, and various other reasons such as temporary closures of GPU assembly lines due to new COVID outbreaks have also been cited as a cause for hardware shortages, but knowing why GPUs are more expensive is going to be of little comfort to consumers who have been waiting patiently for the grotesque inflation to drop and for stock to be more plentiful to reduce scalping. We reported last week that TSMC (Taiwan Semiconductor Manufacturing Company) is looking to raise prices by as much as 20% to offset the huge spike in demand for chips, but there wasn't a guarantee that manufacturers would pass on these costs to consumers. These outside markets, attracting new business for one reason or another, then become overburdened inflation, corruption, and other indicators of imbalance may then ensue. This means that people living in different parts of the world may not have immediate access to the graphics cards they need, forcing them to look into importing from foreign markets. While COVID-19 is no longer the prime reason for this, other factors such as the Russia-Ukraine war have disrupted global supply chains in 2022. This has drastically increased the demand for graphics cards, which is why graphics cards are so expensive.Īnother consequence of the pandemic is broken supply chains. Whether it's for work or for entertainment, lots of people are looking to buy electronic devices like computers, smartphones, or tablets. GPU prices are high right now because the market is hungrier for them than ever. More people have started to work from home, which has resulted in an increased demand for personal electronics. We get that the COVID-19 global pandemic is old news, but you can't deny the fact that it has drastically changed how people and businesses choose to work.
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