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Nvidia RTX graphics cards may rise again as memory price hike rumours rattle PC industry

Nvidia RTX graphics card prices could rise again as reports suggest the company is pushing to raise prices for GDDR6 and GDDR7 memory kits used in its GPUs. The move is linked to a prolonged memory supply crunch that is lifting manufacturing costs across the PC industry. Any change has not been confirmed for consumers, but higher kit prices could push up production costs and retail prices. Similar pressure is also affecting other PC product categories.

Industry

South Korea says U.S. sets 12.5% \'forced labor\' tariff; next is overproduction

The United States has finalised a 12.5% tariff on South Korean products over forced labor, leaving 2.5 percentage points before a 15% cap set in last year’s trade agreement. The U.S. Trade Representative said the measure, imposed under Section 301, applies across 60 economies and takes effect on July 24. South Korea is in the first group with Japan and Switzerland. Seoul says the U.S. reaffirmed the 15% combined cap as a separate overproduction probe continues.

Industry

U.S. power grid key equipment \'transformer\' in short supply; import reliance 80 percent, lead times up to 5 years

The U.S. hydropower industry is struggling to replace and upgrade equipment due to difficulties procuring large power transformers, a report said. The analysis by the National Renewable Energy Laboratory identified nine key issues, including about 80 percent import reliance for critical raw materials and limited global capacity for ultra-high-voltage transformers. Lead times range from 2.5 to 3 years and can reach 5 years, while prices have risen about 80 percent since 2021.