Parts So Expensive

Why are PC Parts so expensive right now? How can you buy PC parts without overpaying? Read on to learn why PC parts are so expensive right now and when (and if) those prices will go down.

 Why Are PC Parts Generally Expensive?

Irrespective of the current situation that has led to a hike in computer components’ price, PC parts have historically been expensive. Not only are high end computer parts expensive, but even your regular PCs are lined with expensive parts. While computers are not as expensive as cars or real estate, they are still quite expensive given their size. The raw material used to assemble a PC may not be that expensive, but a lot of time and money goes into the research, development and manufacturing of these small magic boxes.

 Why are PC Parts so Expensive Right Now?

However, the current computer hardware price is too high even for the IT hardware industry. The reasons for this increase in prices are as follows:

 Chip Shortage Because of the Pandemic

The pandemic has resulted in a significant hike in PC part price. Business owners are finding it difficult to find cheap computers and are seeing price tags that are significantly higher than usual. The world has faced a global chip shortage since the year 2020 as a result of supply chain disruption during the shutdown. Since workers were required to stay home during the pandemic, the manufacturing of computer chipsets was halted or diminished significantly. Computers are not built in one factory as a whole; parts are shipped from different countries and assembled together before being shipped through multiple supply routes. A cbreak in even one of these links can result in the collapse of the whole supply chain. This is precisely what happened during the pandemic when there were lockdowns in almost every other city.

Secondly, as people had more leisure time while at home during lockdown, the demand for home equipment used for entertainment increased significantly.

 Technological Progress

We are all aware that technology is advancing at a rapid pace. As industry technology advances, PC manufacturers are constantly adding new components. RAM is faster, and the GPU has more bandwidth. Cooling fans are now quieter and have more features. The traditional hard drives have given way to the SSD, which is also more efficient. In general, every PC component has been improved in terms of quality, resulting in a higher price.

 Chip Scarcity

PC parts are so expensive right now because of a global chip shortage since 2020. The chip shortage is making it difficult for manufacturers to obtain the supplies required to produce computer-powered goods. The chip shortage is affecting various PC components in different ways.

The chip shortage has the greatest impact on graphics cards. This is due to the fact that graphics cards rely on processors, which are in high demand as a result of the gaming and cryptocurrency markets.

 Mining Cryptocurrencies

Crypto mining is another factor that is exacerbating the problem. Miners are demanding more powerful rigs with up to 500 graphics cards. When cryptocurrency miners discovered that graphics cards used by computer gamers could process information more quickly, demand for those graphics processing units (GPUs) skyrocketed.

 

 

 Rising Global Energy Prices

There is a rapid increase in energy costs, causing PC component prices to rise. Because everything is made on machines that require energy to function, if the cost of energy rises, so will the price of PC components.

 Why Are Motherboards So Expensive?

The price of motherboards has indeed risen significantly in recent years. The motherboard is where everything is connected and thus connects all the components with each other. That makes it a very important component in terms of computer performance. The supply chain breakdown also resulted in a shortage of motherboards.

 Why Are CPUs So Expensive?

According to some reports, processor prices will rise “substantially” in 2022 due to an increase in foundry costs. Processors based on sub-7nm process nodes, in particular, are expected to become more expensive in the future.

 Why Are GPUs So Expensive?

The cost of graphics cards has gone up alarmingly over the last year. At the moment, it’s difficult to get your hands on a new graphics card. Whether you want a next-generation card or an older one, all of the cards on the market right now have inflated prices and limited availability. The high cost is due to an increase in foundry costs.

 Why Are Solid-State Drives So Costly?

SSDs are dependable, fast, and small. They are more expensive than HDDs because their technological design is newer and more advanced. The two factors that contribute to the high price of SSDs are yield rates and NAND pricing. SSDs from Dell, Intel, and hp have features that compensate for the high price.

 What Is The Most Expensive Component Of A Computer?

Expensive motherboards are only necessary if you plan to do a lot of upgrades and overclock your computer. If you’re going to assemble a system and leave it, get the cheapest model with the features you require; the money would be better spent on a better Central Processing Unit or GPU.

 Will GPU Prices Fall By 2026?

When production accelerates and supplies on the market increase to meet demand, the price can fall. Manufacturers predict that this will happen by the third quarter of 2026.

 Conclusion

In conclusion, even though you may be infuriated by the fact that your new gaming PC costs more than you think, keep in mind that there are several factors involved. Creating new hardware isn’t just about the parts themselves, but also about the research and development that goes into it.