Jensen Huang, Nvidia CEO, has just revealed some very bad news. If you were one of the people looking forward to upgrading to the company’s RTX 3000 series of graphics cards, you might have to wait till 2021.
According to a TheVerge report, the senior executive recently responded to questions regarding the GPU shortages and he stated that ” believe that demand will outstrip all of our supply through the year.” For those unaware, the company’s newly launched RTX 3080 and 3090 have had rough launches, with both cards selling out almost immediately after launch. Although, Huang believes the issue isn’t with the supply but demand of the GPU itself.
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He further added that “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.” The company has already apologized to the initial launch of the RTX 3080, which was one of the most chaotic released in Nvidia’s history. Furthermore, another more affordable card is also launching in the series, the RX 3070, which is the more affordable and will likely have the highest demand as well.
Since it was claimed that the card could rival previous gen’s top end $1,100 at a price of just $499, one would expect a huge demand. However, Nvidia has since apparently learned from its mistake and has shifted the launch date back to October 29, which is just a day after AMD‘s Big Navi reveal on 28th. So, we can expect the season to be quite a competitive one, with many notable launches.
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