Nvidia CEO Announced on Monday That GeForce RTX 3080 and RTX 3090 Shortages Will Continue Into Next Year

Nvidia CEO Jensen Huang announced on Monday that the demand for Nvidia’s latest GeForce RTX 3080 and RTX 3090 graphics cards has been so intense that manufacturers cannot keep up with it, creating shortages which are going to last into 2021.

According to Tom’s {Hardware}, Huang revealed the projected shortage throughout a press Q&A during Nvidia’s GTC announcement.

“I believe that demand will outstrip all of our providers through the year,” he said. “Keep in mind, we’re additionally going into the double-whammy. The double-whammy is the vacation season. Even earlier than the holiday season, we have been doing extremely properly, and then you definately add on prime of it the ‘Ampere issue,’ and then you definitely add on prime of that the ‘Ampere vacation issue,’ and we’ll have a really actually large Q4 season.”

Huang said that the problem wasn’t on the supplier facet of the equation however on the patron facet – as in, everyone with a PC chomping at the bit to get their hands on one of many new Ampere cards.

“The 3080 and 3090 have a demand issue, not a provide subject,” he mentioned. “The demand subject is that it’s a lot a lot greater than we anticipated – and we expected actually loads.”

An RTX 3070 shortage is almost certain as well. Can AMD capitalize?

While the GeForce RTX 3080 and RTX 3090 is sold out almost as quickly as retailers are in a position to restock, the upcoming RTX 3070 launch is trying even more prone to suffer the same destiny as its larger Ampere siblings.

With shortages of RTX 3080s and 3090s stretching on for months, all these empty-handed customers are that much more tempted to try to buy the RTX 3070 when it goes on sale within the coming weeks, creating the identical selling-out-within-seconds dynamic which are at the moment plaguing each the RTX 3080 and the RTX 3090.

With the scarcity of Nvidia cards all however set in stone for the subsequent few months, there does appear to be a gap of kinds for Team Red to fill all these empty on-line buying carts with their RX 6000 Large Navi cards set to be announced on October 28.

With the graphics cards occurring sale prematurely of Black Friday, AMD might very properly be a compromise possibility for lots of consumers, assuming that their Large Navi cards can maintain their very own towards the brand new RTX 3000 collection. And in the event that they’re aggressive on worth as properly, Nvidia’s shortage may very well be AMD’s windfall – at least within the short term.