AMD Joins Nvidia in Hiking GPU Prices

AMD is reportedly planning to raise its GPU prices by at least 10% in August, following Nvidia's recent steep hike. This move comes as a surprise, especially since AMD has been trying to compete with Nvidia on price.

The price increase will affect not only the GPU but also memory bundles, which are expected to see a significant jump in cost. Currently, it is hard to find the RX 9050 GPU for less than $450, despite its original launch price being under $300.

This development has sparked concerns among gamers and PC enthusiasts, as they may have to shell out more money to upgrade their systems. The situation is grim, with Nvidia's RTX 5060 Ti potentially reaching a staggering $760 after the revised prices take effect.