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NVIDIA GPU Prices Bank on Boom or Crash Outside

GPUs are vital for development in AI/ML and NVIDIA GPUs are here to stay
GPU prices are like a wildly swinging metronome. The timing to buy a graphics card for your PC is precarious and can be affected by an eruption in tech development elsewhere.  First, it happened in September, when Web3 platform Ethereum announced the Merge – moving from the proof-of-work protocol to proof-of-stake. Post Merge, the prices of many popular NVIDIA GPUs, such as NVIDIA’s RTX3080 plummeted by nearly 60% over the last 90 days across some parts of the globe. It is happening again, but this time reversing the share price graph. Reports claim that the excitement around OpenAI’s now-famous chatbot ChatGPT has rubbed off its magic on NVIDIA’s GPUs. The GPU-maker’s stock has already shot up by 29% since the beginning of this year with CEO Jensen Huang’s pocke
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Picture of Poulomi Chatterjee
Poulomi Chatterjee
Poulomi is a Technology Journalist with Analytics India Magazine. Her fascination with tech and eagerness to dive into new areas led her to the dynamic world of AI and data analytics.
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