Nvidia GPU prices reportedly set to keep rising thanks to DRAM shortage and cryptocurrency

Nvidia’s GPUs are continuing to fly off the manufacturing line and into the hands of consumers and cryptocurrency miners. Mizuho Financial Group analyst Vijay Rakesh is checking in with Asian equipment manufacturers who buy cards from Nvidia this week, and he reports that the company’s GPU shipments for the summer quarter could end up 30-to-50 percent ahead of what the company predicted. People looking to build GPU farms to “mine” Bitcoin-like digital currencies are one of the big reasons for those sales, but a shortage of DRAM (dynamic RAM) video memory is also limiting availability.

And all of this could end in you paying more for Nvidia’s chips.