OP's question is not much different from the question "If the UK built 1 million homes, what would happen to house prices?"
https://alastairparvin.medium.com/i...hat-would-happen-to-house-prices-de1fbffa9235.
There are many factors related to the GPU shortage:
https://www.pcmag.com/news/inside-the-gpu-shortage-why-you-still-cant-buy-a-graphics-card.
I think that as long as there are people who can afford and are willing to pay higher prices than MSRP (thinking of anxious gamers and miners),
there is reward for people who actually don't need the GPUs to buy them as an investment to then resell/scalp, driving GPUs out of stock.
The manufacturers won't try to outpace the scalpers to not worsen the flood of lower priced cards that will eventually happen to the market (when the another crypto crash happens and the scalpers panic about lack of buyers),
negatively impacting the manufacturer's revenue and growth.
As long as the product sells, the manufacturers have little to no interest in lowering the final price,
they would rather take advantage of the situation and raise MSRP for new launches, increasing profit. Business as usual.
Long story made short, when people stop buying GPUs for high prices, the prices will go down. Case closed.
PS: my first post here (had my first attempt to join this forum rejected in 2014 because of "membership requirements"). Now working my way into the millionth post so I can get a voucher by 2073
.