IT Services Circle

Aug 10, 2026 · Industry Insights

Why GPU Prices Jumped Thousands Overnight: AI Demand and Memory Shortage

In early August 2024, consumer graphics cards saw price spikes of up to 30% and thousands of yuan per model as AI‑driven memory shortages forced NVIDIA, AMD and memory suppliers to raise costs, squeezing DIY builders and pushing many users toward consoles or cloud AI services.