Nvidia CEO Says GeForce RTX 3080 and RTX 3090 Shortage Will Continue Next Year

Nvidia CEO Says GeForce RTX 3080 and RTX 3090 Shortage Will Continue Next Year

Nvidia CEO Jensen Huang announced Monday that demand for Nvidia's latest GeForce RTX 3080 and RTX 3090 graphics cards has been so intense that manufacturers cannot keep up, creating shortages that will last until 2021. According to Tom's Hardware Huang revealed the projected shortage in a press question-and-answer session when Nvidia's terms and conditions were announced. "I think the demand will exceed all of our supply throughout the year," he said. "Remember, we're also getting into a double whammy. The double whammy is the holiday season. Even before the holidays we were doing amazingly well, then you add the 'amp factor' and then you add the 'amp holiday factor' on top of that, and we're going to have a really, really great Q4 season." Huang said the problem was not on the vendor side of the equation, but on the consumer side, as in the case of everyone with a PC munching away to get their hands on one of the new Ampere boards. “The 3080 and 3090 have a demand problem, not a supply problem,” he said. "The problem with the demand is that it's much higher than we expected, and we really expected a lot."

The shortage of RTX 3070 is also almost certain. Can AMD capitalize?

While the GeForce RTX 3080 and RTX 3090 sell out almost as fast as retailers can restock, the next iteration of the RTX 3070 looks even more likely to suffer the same fate as its big Ampere brothers. With the shortage of RTX 3080 and 3090 going on for months, all those empty-handed consumers are even more tempted to try and buy the RTX 3070 when it goes on sale in the next few weeks, creating even more exhaustion in seconds. dynamic currently affecting both the RTX 3080 and RTX 3090. With Nvidia card shortages all but set in stone for the next few months, there seems to be some sort of opening for Team Red to fill all those empty online shopping carts with their cards. RX 6000 Big Navi to be announced in October. 28. With graphics cards set to go on sale before Black Friday, AMD might well be a compromise option for many buyers, assuming its Big Navi cards can hold up to the new RTX 3000 series. And if they're competitive, too. As for the price, the Nvidia shortage could be a boon for AMD, at least in the short term.