Nvidia CEO Confirms RTX 3080 and 3090 Shortages Will Last Into 2021
Nvidia CEO Jensen Huang reveals that overwhelming demand for the RTX 3080 and 3090 graphics cards creates a severe shortage expected to last through the holiday season and into next year.
Nvidia CEO Jensen Huang announces that demand for the GeForce RTX 3080 and RTX 3090 graphics cards far exceeds expectations, leading to severe shortages that last into 2021. He explains during a press Q&A that this incredible demand completely outstrips the current supply available from manufacturers.
Huang emphasizes that this situation represents a demand issue rather than a supply problem, noting that consumers are incredibly eager to purchase the new Ampere architecture cards. He points out that Nvidia faces a "double-whammy" as this massive demand collides with the busy holiday shopping season to create an exceptionally large fourth quarter.
Because the RTX 3080 and RTX 3090 sell out almost instantly whenever retailers restock their inventories, the upcoming RTX 3070 release faces a highly probable shortage as well. This ongoing scarcity leaves many PC gamers waiting until next year to get their hands on the highly anticipated hardware.