NVIDIA recently launched the RTX 3000 series of GPUs. Following unanticipated demand and stock shortages on the day, they issued an apology and an FAQ explaining why it happened. Now, it is saying that the stock shortages for the RTX 3080 and RTX 3090 are expected to go on through 2021.
NVIDIA CEO Jensen Huang revealed this information recently:
“I believe that demand will outstrip all of our supply through the year. Remember, we’re also going into the double-whammy. The double-whammy is the holiday season. Even before the holiday season, we were doing incredibly well, and then you add on top of it the ‘Ampere factor,’ and then you add on top of that the ‘Ampere holiday factor,’ and we’re going to have a really really big Q4 season.”
The company is preparing for the launch of the GeForce RTX 3070, scheduled for 29th October. Huang elaborated:
“The 3080 and 3090 have a demand issue, not a supply issue. The demand issue is that it is much much greater than we expected — and we expected really a lot.
Retailers will tell you they haven’t seen a phenomenon like this in over a decade of computing. It hearkens back to the old days of Windows 95 and Pentium when people were just out of their minds to buy this stuff. So this is a phenomenon like we’ve not seen in a long time, and we just weren’t prepared for it.
Even if we knew about all the demand, I don’t think it’s possible to have ramped that fast. We’re ramping really, really hard. Yields are great, the product’s shipping fantastically, it’s just getting sold out instantly. I appreciate it very much, I just don’t think there’s a real problem to solve. It’s a phenomenon to observe. It’s just a phenomenon.”
Well, if you’re planning on grabbing one of these cards, you might want to plan ahead, or just wait. Thoughts? Talk to us in the comments, down below!