⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

GeForce GPUs see first major price cut amid competition from AMD Radeon

EditorHari G
Published 09/15/2023, 07:50 AM
© Reuters.
NVDA
-
AMD
-

Several GeForce RTX 4070 models from ASUS, GIGABYTE, MSI, and ZOTAC are now available at a significant discount at US retailers, marking the first major price reduction since the card's launch. As of Friday, the GPUs are being sold for $549, an 8.3% discount from the original MSRP of $599. This price cut is seen at multiple retailers including Amazon (NASDAQ:AMZN) and Newegg.

NVIDIA's (NASDAQ:NVDA) statement to Wccftech highlighted that the GeForce RTX 4070 is now widely available from just $549. The statement further emphasized that this makes it an attractive option for gamers looking to upgrade for upcoming DLSS 3.5 titles like Cyberpunk 2077: Phantom Liberty and Alan Wake 2 at 1440p.

The price cut appears to be a reaction to the recent launch of AMD's (NASDAQ:AMD) Radeon RX 7800 XT, which is positioned as a direct competitor to the GeForce RTX 4070 due to its lower starting price of $499. Despite being priced lower, AMD's offering sometimes outperforms its more expensive rival in many games that depend on rasterization and delivers performance that is very close in ray tracing-supporting games.

While AMD has yet to launch its DLSS 3 Frame Generation competitor, NVIDIA's GeForce RTX 4070 benefits from the latest DLSS technologies, including DLSS 3.5, delivering better overall ray-tracing performance and efficiency. However, the Radeon RX 7800 XT offers more VRAM capacity (16GB versus 12GB) and slightly faster non-ray-tracing performance.

It is still unknown whether this price reduction is a campaign or if other GPU makers and retailers plan to join it. However, the competition between NVIDIA and AMD continues to provide more options for gamers, and this price reduction makes the GeForce RTX 4070 an even more attractive option in the GeForce RTX 40 Series lineup.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.