Why a cryptocurrency may be the reason behind rising prices of gaming laptops

For the past couple of months, there has been a global chip shortage in the tech industry. Companies like Intel, Samsung and others have said that products have been delayed and overall the market has been impacted. It’s not just delays as prices too seem to have skyrocketed. The price of GPUs in gaming PCs and laptops, however, may have risen because of a rather unusual reason — cryptocurrency.

According to a report by The Economist, which cites data from Keepa, the prices of GPUs have increased a lot compared to CPUs. For instance, the Nvidia RTX 3080 graphics card which generally sells around $700 dollars has sold for as high as $2,500.