“Demand will probably exceed supply”: Nvidia explains RTX 30 shortages
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The RTX 3070. [credit: Sam Machkovech ]
Speaking at the Credit Suisse digital financial services conference, Nvidia Chief Financial Officer Colette Kress addressed and partially explained the recent shortages of the company's new RTX 30-series graphics cards like the GeForce RTX 3080 and 3070.
She confirmed that wafer shortages at chip supplier Samsung Foundry are a factor, as many have speculated, but also suggested there is more to it than that. Said Kress:
We do have supply constraints, and our supply constraints do expand past what we're seeing in terms of wafers and silicon, 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.
She also said that it might be "a couple months" before Nvidia can catch up to demand, but qualified even that by saying "at this time, it's really difficult for us to quantify."
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