The CEO Jensen Huang also said that the issue is more to do with the demand than the supply but they are working to fix things on both fronts however the upcoming holiday season isn’t going to make things any better.
“I believe that demand will outstrip all of our suppliers through the year,” Huang said, “Remember, we’re also going into the double-whammy. The double-whammy is the holiday season. Even before the holiday season, we were doing incredibly well, and then you add on top of it the ‘Ampere factor,’ and then you add on top of that the ‘Ampere holiday factor,’ and we’re going to have a really really big Q4 season.”
“The (NVIDIA GeForce RTX) 3080 and 3090 have a demand issue, not a supply issue,” said Huang, “The demand issue is that it is much much greater than we expected – and we expected really a lot.”
“Retailers will tell you they haven’t seen a phenomenon like this in over a decade of computing. It hearkens back to the old days of Windows 95 and Pentium when people were just out of their minds to buy this stuff. So this is a phenomenon like we’ve not seen in a long time, and we just weren’t prepared for it.”
“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,” said Huang,
“I appreciate it very much, I just don’t think there’s a real problem to solve. It’s a phenomenon to observe. It’s just a phenomenon.”
NVIDIA GeForce RTX 30 launch has seen an unbelievable demand because the NVIDIA’s GeForce RTX 3080 and GeForce RTX 3090 cards going out of stock just a mere minutes after launch. The retailers fighting over each shipment to fulfill their preorder queues. Meanwhile, manufacturers are providing daily updates on social media and apologizing for the delay in graphics card availability.
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