NVIDIA predicts that GPU shortages will be with us for a while

NVIDIA's CFO Colette Kress has offered more details about the availability of the company's graphics cards throughout the rest of 2021. According to PCMag, Kress informed investors on Monday that RTX 30 supply levels will grow throughout the year. However, demand is still expected to outstrip supply for the majority of the year.

Kress' new information coincides with a report from DigiTimes last month, in which it claimed that manufacturers in NVIDIA's supply chain do not expect any improvements until Q3 2021. By contrast, Kress has promised that NVIDIA will ship additional graphics cards in this quarter, although she would not state how many. Based on DigiTimes' report, we doubt that NVIDIA will be capable of producing enough graphics cards to bring prices close to MSRP.

Ultimately, NVIDIA has been saying that supply levels would pick up in a few months since the turn of the year. In January, for example, Kress insisted that stock levels would improve by May, albeit to a limited extent. Now, that has been pushed to some time in late 2021.

Incidentally, Kress claims that crypto mining (CMP) revenue is 3x higher in Q1 2021 than what NVIDIA had expected. Still, it is not one of the reasons why demand continues to outstrip the supply of its RTX 30 series. Pictures of CMP farms using consumer RTX 30 GPUs suggests otherwise, in our opinion.

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