Nvidia CEO anticipates supply shortages for the RTX 3080 and 3090 to last until 2021 – The Verge

Youre probably going to have to wait until 2021 if you are looking to get your hands on an Nvidia RTX 3080 or 3090 graphics card. Nvidia CEO Jensen Huang announced today that the company expects scarcities for both graphics cards will continue to for the rest of the year, Toms Hardware and Wccftech reports.

During a Q&A with press to cover its GTC statements, Huang responded to the continuous shortages for both graphics cards. “I believe that demand will overtake all of our supply through the year,” Huang stated.

” Even if we understood about all the need, I do not believe its possible to have ramped that fast”

Naturally, if you are identified to buy a brand-new graphics card this year, you may wish to see what AMD reveals on October 28th. The business is hosting a GPU event to reveal the Radeon RX 6000 series and potentially reveal its own GPU competitor to the RTX 3000 series.

The RTX 3080 and 3090 had extremely rough launches, with both cards offering out within minutes of preorders going live, but Huang says the issue is not with supply but rather the demand of both GPUs.

“Even if we understood about all the need, I do not believe its possible to have actually ramped that fast,” Huang said. Nvidia has apologized for the launch of the RTX 3080 and the restricted supply of the cards.

Nvidia has another card in the RTX 3000 series it plans to release this year: the $499 RTX 3070. Nvidia pushed the release date to October 29th in the hopes that the company can deal with retailers to get the cards to more customers on launch day. But if it is anything like the last two launches, its going to be disorderly.