Following a Q&A session after GTC Digital 2020 NVIDIA CEO Jensen Huang has confirmed that there will be shortages of the new RTX 30** series.
Following a less than perfect launch of the RTX 3080 series. Which lead CEO Jensen Huang to make a apology for the lack of inventory on launch day. Jensen was then quoted saying that since “we are coming into the holiday season” it will be a “double whammy” of increased sales and further shortages. So we shouldn’t expect nVidia to get this under control until early next year. If you are still struggle to get your hands on one of these, it might come out to a waiting game.
I believe that demand will outstrip all of our supply throughout the year. 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 the Ampere holiday factor, and we’re going to have a really really big Q4 season.”
– Jensen Huang
nVidia has already delayed the launch of the 3070 in order to prepare for the demand. But even with a extra two weeks of product nVidia is setting us up for the potential upset. By already stating that the 3080 and 3090 will have inventory issues throughout the holiday season. Which I think in the light of things is understandable. 2020 has been hard on a lot of people and even big companies like nVidia can feel that effect.
It’s not all nVidias Fault
Jesen Haug also went on to mention that
“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.”
– Jenson Huang
Which is quite possible true. eCommerce and Gaming have been the real winners during the Covid-19 crisis. nVidia is not the only one struggle at the moment. From Amazon adding over 100,000 employees to Sony and Microsoft struggling with there console releases. As I mention before 2020 is a weird one.
“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.
As much as I would like to say nVidia F***** up and they probably shouldn’t be believed. I just want to reflect on how hard and crazy of a year that is has been. While big companies such as nVidia shouldn’t need to have excuses. Even if I had a best guess on what 2020 was going to be like. I wouldn’t of been able to predict this.