The current economic crisis, derived in large part from Russia’s invasion of Ukraine, has brought us into a context where the price of energy has skyrocketed, so much so that Ethereum mining has ceased to be profitable for many. When cryptocurrency mining lost its appeal, the price of dedicated graphics is expected to continue to decline through at least the remainder of 2022which was confirmed by Colette Kress, CFO of NVIDIA.

Speaking at the Goldman Sachs 2022 Communacopia and Technology Conference, Kress said it will take several quarters for the market to return to normal. Added to this is his estimate that prices and inventory should start to normalize thanks to the commercialization of the declining graphics generation, the RTX 4000, if we see the company he works for.

In response to several questions from Toshiya Hari, Goldman Sachs employee Colette Kress explained that NVIDIA expects the market to begin to normalize by the end of the fourth quarter of 2022. The financial manager of the green giant also said that prices are likely to be slightly lower. short.

reason why prices could remain low in the short term due to the large amount of existing stock RTX 3000 (Amps). For a long time, users had difficulty in restoring graphics, a situation that forced them to settle for a low range. NVIDIA expects prices come back because the RTX 4000 (Ada Lovelace) is consolidating and may even be somewhat above average in the future.

August 2022 seam survey.

With the mining of crypto-currencies, which seems to have been greatly damaged by the increase in energy prices, graphics producers, if they want to sell, have no choice but to return to their traditional markets, which, together with the economic crisis, should become a limiter of the price, but seeing the complex context in which we live, who knows where things will go in the end.

And to change the subject, users may demand not only more powerful hardware and reasonable prices, but also more effort from developers when it comes to using them. And don’t get me wrong, because many users probably currently see the possibility of recovering from, for example, Pascal or Turing models without ray tracing support.