Graphics card prices to double between 2020 and 2023

Mindfactory.de is Germany’s No. 1 and Europe’s top-ranked large-scale electronic retailer. It is more famous for its public sales data, which explains the current market situation. Recently, the latest data from Mindfactory.de involves a topic that many players care about, which is the average retail price (ASP) of graphics cards.

According to TechPowerup, data from Mindfactory.de shows that the average price of graphics cards will double between 2020 and 2023. Even taking into account the high inflation rate in recent years, such an increase has seriously deviated from Moore’s Law. The speed at which chip costs are rising seems to make Moore’s Law meaningless.
In February 2020, the average price of AMD Radeon graphics cards was 295.25 euros, and the total sales were 442,900 euros. The average price of Nvidia GeForce graphics cards was 426.59 euros, and the total sales were 855,300 euros. At that time, AMD lacked high-end products, RDNA 2 architecture GPUs had not yet been released, and the average price of Nvidia’s graphics cards would obviously be higher. By February 2023, the average price of AMD Radeon graphics cards is 600.03 euros, with total sales of 1.02 million euros, while the average price of Nvidia GeForce graphics cards is 825.2 euros, with total sales of 1.84 million euros.

Although Intel has always insisted that Moore’s Law is still valid, AMD also agrees with this view to a certain extent, believing that Moore’s Law will continue for six to eight years and has not died out in a short time, but Nvidia has pointed out that Moore’s Law is dead. Nvidia founder and CEO Jensen Huang said in a video call with the media last year that it is impossible to provide double performance at the same cost or halve the cost of the same performance. The idea that the cost of chips will decline over time is outdated.