Nvidia Says GeForce RTX 30 Shortages Are Because It Doesn’t Receive Enough Chips

Christmas is coming, but before that is Cyberpunk 2077. Since Cyberpunk’s ray tracing will only work on Nvidia GPUs, everyone is clamoring to get one of the new GeForce RTX 3000-series cards, but Nvidia hasn’t been able to even come close to meeting the demand.

Online retailers basically ran out of stock as soon as each of the RTX 3090, 3080, 3070, and 3060Ti video cards went on sale, and Nvidia doesn’t expect that situation to improve anytime soon.

Speaking at the Credit Suisse 24th Annual Technology Conference on Monday, Nvidia CFO Colette Kress said that the company just isn’t getting enough chips to make more video cards.

“We do have supply constraints and our supply constraints do expand past what we are seeing in terms of wafers and silicon,” said Kress, “but yes some constraints are in substrates and components. We continue to work during the quarter on our supply and we believe though that demand will probably exceed supply in Q4 for overall gaming.”

Nvidia gets its supply of wafers and chips from Samsung Foundry, and it can be very hard to ask for additional allocation as contracts are negotiated far in advance.

Kress did not say what specific other components remain constrained, but did say that “each day things continue to improve,” and that company is “focused on trying to get our parts to the market for this very important holiday season.”

We don’t expect the video card situation to improve until well into 2021. Even the recent arrival of AMD’s Big Navi video cards hasn’t put a dent in the demand, with AMD’s cards getting snapped up just as quickly as Nvidia’s.

Just like next-gen consoles, this pent up demand has caused some to scoop up video cards through unscrupulous means in order to scalp them on secondary resale sites. One manufacturer even got caught scalping its own Nvidia RTX 3080s.

Christmas might be a bummer this year, but 2021 is going to see a big improvement.

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