High End NVIDIA GPU Prices on a Slippery Slope as RTX 3090 Ti Hits $1599

It seems like NVIDIA wants the market to absorb inventories of its high-end GeForce RTX 30-series SKUs, such as the RTX 3090 Ti, so the company could make room for high-end SKUs from the RTX 40-series "Ada" series. Prices of the RTX 3090 Ti have tanked to as low as $1,599 for the Founders Edition, from its launch MSRP of $1,999. This $400 price-cut is probably triggered by crypto-currency miners flooding the market with high-end RTX 30-series graphics cards at attractive prices, which gamers are all too happy to lap up. The crash in demand from miners, compounded by drop in demand from gamers buying up cards in circulation, has forced NVIDIA to renegotiate its semiconductor foundry allocation with TSMC in the short-term.