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The news comes days after the Biden administration temporarily lifted the tariffs on graphics cards and motherboards imported from China. Before, vendors had been paying a 25% duty on the products, which led to companies including Asus, EVGA, and Zotac to raise prices.
The price cuts promise to address one of the key problems facing the GPU market. Over the past year, the cost of many desktop GPUs has become grossly inflated, forcing many PC builders to pay an extra $200 or more to own a desktop graphics card, assuming they can even find the desired product in stock.