The street prices of Nvidia and AMD GPUs are utterly out of control

You might have heard there’s a global semiconductor shortage going on, and that PC graphics cards in particular are nearly impossible to find. What you probably haven’t heard is that the situation has steadily been growing worse — to the point some GPUs are worth triple their MSRP.

Above, you’ll see a photo of two graphics cards, the $499 Nvidia GeForce RTX 3070 and the $579 AMD Radeon RX 6800. In December, I calculated that the true street price of these cards had reached $819 and $841, respectively, or $1,660 for the pair.

That very same photo now contains $2,570 worth of GPUs. That’s not the asking price, mind you; people are actually paying over $1,200 on the open market, on average, for each of these graphics cards. And that isn’t...

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