AMD, Nvidia and their partner manufacturers once again boosted the production of desktop graphics cards in the first quarter of 2022: 13.4 million models were sold there – 32.2 percent more than a year earlier (10.1 million) and 1. 4 percent more than at the end of 2021 (13.2 million). Despite this, sales collapsed within a single quarter due to lower average prices.
Manufacturers earned a good 8.6 billion US dollars in the first quarter of 2022 – a drop of a good 30 percent compared to the end of 2021 (12.4 billion US dollars). This is reported by the market research team at Jon Peddie Research (JPR).
AMD expanded its own market share for desktop graphics cards from 20 to 24 percent within a year, Nvidia came to 75 percent. Intel apparently grabbed the remaining parts per thousand with the start of deliveries of Arc graphics cards in China. Things looked better for AMD with desktop graphics cards than with standalone notebook GPUs. If you take this into account, AMD’s market share was 18 percent at the beginning of 2022.
Graphics card prices continue to tumble
In Germany, the prices for desktop graphics cards have continued to fall in recent months. Nvidia’s GeForce RTX 3080, for example, is currently available from around 870 euros – 100 euros less than at the beginning of April. The GeForce RTX 3070 is available from 620 euros, only the GeForce RTX 3060 has hardly become cheaper with prices starting at 420 euros.
At AMD, the RX 6×50 refresh drove prices up with faster memory and higher GPU clock speeds, making the previous models much more attractive from a price/performance perspective. The Radeon RX 6700 XT, for example, is occasionally available from 500 euros – 130 euros less than at the beginning of April. The Radeon models RX 6800 and RX 6800 XT are only occasionally available and are therefore usually well above AMD’s recommended price. The Radeon RX 6900 XT, on the other hand, undercuts the RRP with prices starting at 950 euros.
Fewer GPUs are mining Ethereum
The falling graphics card prices are accompanied by an apparently low demand from crypto mining farms. Ethereum continues to be the most lucrative cryptocurrency to mine with GPUs. Computing power on the Ethereum network remains high at 1.04 petahashes per second, but has been declining since a peak in mid-May. The most important signal for the retail market: miners are no longer buying away the graphics cards in bulk.
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