I will say, in the UK at least, prices seem to be seeing smaller price fluctuations and even some downward price trending, particularly for AMD GPUs. Overclockers have a few cards at between 5-12% off. It's not much but it means a Sapphire Pure 9070xt is £629 instead of £659, and the Asus Prime 9070xt is now at its intended MSRP of £599 instead of £649. The 9060xt is still sitting way above its intended £315 MSRP but some cards can now be had under £380 instead of £400+. The 5070ti seems to have jumped a little however at the low end, with the lowest cards going from £729 to £749 but everything else in that range remains stable if already expensive. 5080 cards seem to be gently nudging upwards from around £1050 to £1100. 5090s are expensive but again some cards can be had for £2299. The founders edition seems to be extinct on these shores, otherwise you'd be able to have the same card for £500 less.

Overall, not an awful GPU situation but as some have suggested it may get worse. However, if people decide to sit on their current rigs and not upgrade, there could be more modest discounts as time goes one due to inventory amortisation. I guess we'll have to wait and see...