On first inspection, this could merely be standard practice but TNW has evidence otherwise.
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In November of this year,a shipmentof EVGA GeForce RTX 30-series graphics cards were stolen from a truck.
While at the end of 2020,$336,500 worth of MSIs Nvidia RTX 3090swere robbed in China.
When you consider the demand for GPUs and the succeeding price surge, these criminal activities make more sense.
The reasons behind the price increases and ensuing crimes are manifold.
This is structured on a just-in-time model, meaning it was heavily disrupted with pandemic-enforced lockdowns.
Peddie told TNW that, at this stage in time, there was an inflexion point.
People were staying at home, looking for new hobbies and ways to spend time.
Combined with a raft of exciting games dropping, this drove up demand for graphics cards.
At the same moment, Ethereum rose in value.
This is process makes heavy use of graphics cards.
The question then is what will it take for the market to calm?
Or is this the way things are doomed to stay?
This could lead to much lower prices in 2023, because everyone who wanted a GPU already has one.
This means retailers can breathe a sigh of relief.
Theres light at the end of the tunnel.
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