Nvidia CEO Admits RTX 3080 and 3090 Shortages Will Persist Into 2021
Nvidia CEO Jensen Huang states that overwhelming demand for the RTX 3080 and 3090 graphics cards will continue to outstrip supply through the end of 2020 and into 2021. He compares the unprecedented buying frenzy to the historical launch of Windows 95.
Nvidia CEO Jensen Huang reveals that severe shortages of the GeForce RTX 3080 and 3090 graphics cards persist well into 2021. During a recent press Q&A, Huang explains that demand massively outpaces the company's initial expectations, creating a situation where cards sell out instantly across all major retailers.
Huang firmly insists that Nvidia faces a demand issue rather than a supply problem, noting that manufacturing yields remain great and products ship fantastically. He compares this incredible surge in consumer interest to the frenzy surrounding the launch of Windows 95 and early Pentium processors, highlighting that retailers have not seen a phenomenon like this in over a decade.
The upcoming holiday season compounds these availability issues as the combination of normal holiday shopping and the new "Ampere factor" pushes demand to even higher extremes. This outlook also casts doubt on the availability of the soon-to-be-released RTX 3070, leaving eager PC gamers waiting for months to secure these highly sought-after components.