With Tariffs Back in Place, GPU Vendors EVGA, Zotac Raise Prices on Graphics Cards-news

with CLIPREVIEWED learn the articleWith Tariffs Back in Place, GPU Vendors EVGA, Zotac Raise Prices on Graphics Cards

(Credit: EVGA)

Add EVGA and Zotac to the list of vendors raising prices on the graphics cards after US tariffs on Chinese imports went back into effect.

A week after Asus announced its own GPU price increases, EVGA quietly posted a notice on its website that says it too has to hike costs— up to $70 more on graphics cards.

“Due to ongoing events, EVGA has made price adjustments on the GeForce RTX 30 Series products. This change was necessary due to several factors and will be effective January 11, 2021. EVGA has worked to reduce and minimize these costs as much as possible,” it says.

New prices on the left, old prices on the right. (Credit: EVGA)

EVGA didn’t go into detail about those factors. But on Jan. 1, the Trump administration reinstituted a 25% tariff on graphics cards and motherboards imported from China, which Asus has blamed for its own cost increases.

Meanwhile, you can now expect to pay $90 to $300 more for Zotac’s RTX 3000 graphics cards, The Verge points out. We also noticed $50 price increases for MSI’s graphics cards in the US on Newegg.com. MSI declined to comment on the matter. 

New prices on the left, old prices on the right.

New prices on the left, old prices on the right. (Credit: Zotac)

In EVGA’s case, there is some good news. If you’ve been patiently waiting to buy one of the vendor’s graphics card through its “Notify Queue” system, you might snag the old price. “EVGA will honor the original MSRP pricing through April 16th, 2021 if your purchase position is processed before this date,” the company says.

Unfortunately, the shortage for Nvidia’s RTX 3000 graphics cards is expected to persist throughout this year’s first quarter, according to the company’s chief financial officer. “Our overall capacity has not been able to keep up with that overall strong demand that we have seen,” Colette Kress said on Tuesday in an investor’s event.

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