After quite some time of inflated prices thanks to crytocurrency users snapping up Radeon GPUs, AMD has stamped in a new official price cut on its Radeon R9 280 GPU. The price has come down from the inflated MSRP of $279, to $249, starting today.
AMD has priced its slightly-faster Radeon R9 280X at $299, and the 270X at $199, so there's a $50 increase to the R9 280 from the 270X, or a $50 decrease from the 280X, depending on which GPU you were considering. AMD can now better compete with NVIDIA's GeForce GTX 760 which is also priced at $249.
We should see the price drop filter down to retailers over the next couple of days.