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October 6, 2020 10:00 am

Nvidia CEO Anticipates Supply Shortages For the RTX 3080 and 3090 To Last Until 2021

Nvidia CEO Jensen Huang announced today that the company expects shortages for the Nvidia RTX 3080 and 3090 graphics cards will continue to for the remainder of the year. The Verge reports: During a Q&A with press to cover its GTC announcements, Huang responded to the continuous shortages for both graphics cards. "I believe that demand will outstrip all of our supply through the year," Huang said. The RTX 3080 and 3090 had extremely rough launches, with both cards selling 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 knew about all the demand, I don't think it's possible to have ramped that fast," Huang said. "We're ramping really really hard. Yields are great, the product's shipping fantastically, it's just getting sold out instantly." Nvidia has apologized for the launch of the RTX 3080 and the limited supply of the cards. The company plans to launch the $499 RTX 3070, but the release date has been pushed to October 29th "in the hopes that the company can work with retailers to get the cards to more customers on launch day," reports The Verge.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/s4OabxugJRs/nvidia-ceo-anticipates-supply-shortages-for-the-rtx-3080-and-3090-to-last-until-2021

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