Why it matters: It appears the graphics card market is moving ever closer to normalcy after what seems like an eternity of ridiculous prices and almost zero availability. Illustrating the point are AMD's recently released trio of refreshed RDNA 2 cards, which have been reported as being in good stock and sold "strictly" according to MSRP.
AMD launched the Radeon RX 6650 XT, RX 6750 XT, and RX 6950 XT this month, all refreshes of the standard (non-xx50 series) versions. They might not be setting the world on fire, but the good news is that these three new cards are available and selling at the correct prices.
Prolific hardware leaker Greymon55 tweeted that they have observed this trend, which the market has been heading towards for some time.
Observed for some time and found that 6x50XT is in good stock and sold strictly according to MSRP. This is a good trend.— Greymon55 (@greymon55) May 17, 2022
A quick look at Newegg confirms Greymon55's findings. Two flagship Radeon RX 6950 XT models (from Asrock and Gigabyte) are available on the site for the $1,099 MSRP. Several RX 6750 XT GPUs are in stock at $549, and a couple of RX 6650 XT cards can be grabbed for $399—all recommended prices.
It's been a long and hard road to get here. In May last year, the latest graphics cards from AMD and Nvidia were two and three times more expensive than they should have been. Thankfully, there's been a steady decline since then—they're now within 7% of MSRP on average in Europe.
A significant factor in all this is mining. Crypto prices have been falling for a while, so much so that Asus recently said demand for cards used to mine had "disappeared," leading to fewer cards being grabbed in bulk by miners. The crypto crash will have played a big part, too.
Yesterday, AMD posted a chart that it claims shows the Radeon series, including the refreshed trio, offers better performance and power consumption per dollar than Nvidia GPUs.