Graphics Card Shipments are Dropping Hard

According to a report by DigiTimes, Taiwanese card makers, Gigabyte, MSI, and TUL, are all expecting to see a 40 percent decline in shipments in April. Large clients, such as retail distributors and crypto mining farms, have been either suspending or full-on cutting their graphics card orders.

Bitcoin was the biggest tech fad of 2017, having struck a record high of $20,000. Since then, it's fallen down to half of that, while transactional fees and required mining costs have stayed high. Crypto miners aren't buying more cards as the less glamorous sides of mining come to light, while gamers aren't buying any cards at their current prices. This means that far more cards are being produced than being sold, and now they're dropping production rates to compensate.

It's being recommended that card manufacturers and channel distributors should "slash prices for sales promotions" in order to move some of their overstocked product. While we're already seeing a minor decline in prices, we can expect to see it decline even more here soon.

Until such a time, we wait. I'd certainly like to upgrade my GPU without paying $700+, that's for sure.