Market Analysis

GPU Shortage Week 4: RTX 5090 Hits $5,000, NVIDIA Pivots to RTX 5060

January 24, 2026
5 min read
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TL;DR: Four weeks into the RTX 50-series launch, prices continue climbing. RTX 5090 cards now routinely sell above $4,000, some approaching $5,000. NVIDIA has reportedly shifted production priority to RTX 5060 series, and the underlying memory crisis may persist until late 2027. Here's what's changed since our initial coverage.

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What's New This Week

Since our original coverage on January 22nd, several developments have escalated the situation:

Prices Keep Climbing

CardWeek 1 PriceWeek 4 PriceChange
RTX 5090$3,000-3,500$3,500-5,000+25-40%
RTX 5080$1,200-1,400$1,400-1,600+15-20%
RTX 5070 Ti$900-1,000$1,000-1,200+15-20%

At Newegg, RTX 5090 listings have pushed past $4,000, with some models approaching $5,000. Best Buy's pricing shows similar trends, with the ASUS Prime RTX 5080 at $1,599 - $600 over MSRP.

NVIDIA's Production Shift

Reports from China indicate NVIDIA has adjusted its RTX 50-series supply plan:

  • Prioritized: RTX 5060 and RTX 5060 Ti 8GB
  • Reduced: RTX 5060 Ti 16GB and RTX 5070 Ti shipments
  • Rationale: Lower VRAM models are easier to produce given memory constraints

This explains the RTX 5070 Ti EOL speculation - NVIDIA may not be discontinuing it, but production volumes are likely minimal.

Memory Crisis Timeline Extended

Industry analysts now project the GDDR7/HBM shortage may persist until late 2027 or early 2028. Contributing factors:

  • AI datacenter demand: Hyperscalers consuming vast majority of HBM production
  • GDDR7 ramp: New process with lower initial yields
  • Capacity limits: SK Hynix and Samsung can't expand fast enough

European Market Paralysis

A German parts seller shared distributor communications revealing they cannot sell RTX 5090, 5080, or 5070 Ti at all. RTX 5070 orders are capped at 5 units per model. The European market appears even more constrained than North America.

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Updated Timeline

Based on current data, here's the revised outlook:

PeriodRTX 5090/5080RTX 5070/5070 TiRTX 5060
Feb 2026Severe shortageSevere shortageLimited availability
Mar-Apr 2026Very constrainedVery constrainedImproving
May-Jun 2026ConstrainedGradual improvementNormal
Jul-Aug 2026Meaningful improvementNear normalNormal
Sep+ 2026NormalizingNormalNormal

The RTX 5060 series will likely see normal availability first, followed by 5070, then 5080/5090.

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What This Means for AI Buyers

For Those Who Can Wait

If your current hardware is adequate, waiting until Q3 2026 makes sense. By then:

  • RTX 5090 should approach MSRP
  • RTX 5080 should be available at reasonable premiums
  • Used RTX 4090 prices may drop as supply normalizes

For Those Who Need Hardware Now

The calculus hasn't changed much, but our previous recommendations are reinforced:

  1. RTX 4090: Still the best value for 24GB VRAM
  2. RTX 4080 Super: Best value for 16GB VRAM
  3. RTX 6000 Ada / L40S: 48GB professional options outside consumer shortage
  4. Cloud GPU: Immediate access, no hardware hassles

RTX 5090 at Current Prices?

Paying $4,000+ for an RTX 5090 only makes sense if:

  • You specifically need 32GB VRAM that 4090's 24GB can't provide
  • The time value of having hardware now exceeds the $2,000 premium
  • You're building for production work where professional cards are more appropriate anyway

For most AI developers, the RTX 4090 at $1,800-2,200 delivers 90% of the practical utility at 50% of the current RTX 5090 price.

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Available RTX 5090 Options

If you do decide to buy at current prices, here's what's in stock:

Check current prices before purchasing - they change daily.

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The Broader Context

This shortage isn't just a consumer GPU problem. NVIDIA's Vera Rubin platform announcement at CES revealed a 40% production cut expectation due to memory shortages affecting datacenter GPUs too.

The entire AI hardware stack - from consumer cards to datacenter accelerators - is constrained by the same memory supply bottleneck. This systemic issue explains why the shortage won't resolve quickly.

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What We're Watching

  • NVIDIA earnings call (Feb 2026): Official guidance on supply trajectory
  • Samsung GDDR7 ramp: Second major supplier could ease constraints
  • AMD Radeon RX 9000 launch: Alternative if AMD can secure memory supply
  • Used market prices: RTX 4090 secondary market as indicator

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Related:

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Sources

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