AMD has announced an official price cut for its Radeon R9 280 graphics card, dropping it by US $30, from US $279 down to US $249.


Most of AMD's Radeon R9 series graphics cards have been suffering from inflated prices due to crypto-currency mining but now, when the situation is a bit better and most AMD graphics cards have come down to their original MSRP, AMD has decided to slash the price of the R9 280 graphics card, pulling it down to US $249 and putting it in direct competition with the Nvidia Geforce GTX 760.

In case you missed it earlier, the Radeon R9 280 was launched back in March and it is basically a rebrand of the Radeon HD 7950. It is based on AMD's 28nm Tahiti GPU and packs 1792 Stream Processors, 112 TMU and 32 ROPs. The reference design works at 827MHz for the GPU base and 933MHz for the GPU Boost clocks while 3GB of GDDR5 memory paired up with a 384-bit memory interface is usually clocked at 5000MHz.

The new price puts the Radeon R9 280 right between the R9 280X, priced at US $299, and the R9 270X, priced at US $199. It also puts it in direct competition with the similar performance Nvidia GTX 760 graphics card.

Retailers and e-tailers should apply the new price in the next few days while some, like Newegg.com, already have some R9 280 listed with the new US $249 MSRP.



Source: AMD.com.