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Nvidia once again acknowledges that the RTX 3000 supply problems could last for at least a few more months

Best holiday deal for the new RTX 3000 GPUs would be to actually find one card in stock. (Image Source: Premium Build)
Best holiday deal for the new RTX 3000 GPUs would be to actually find one card in stock. (Image Source: Premium Build)
Nvidia reported nice growth figures in its Q3 2020 earnings call, but things might not look that good for Q4. Team Green is now estimating that the RTX 3000 supply shortages could continue well into 2021, and this problem may also impact AMD with its newly launched RX 6800 / XT cards.

Imagine what generous Black Friday  / Cyber Monday deals we could get on all the new RTX 3000 and RX 6000 GPUs in the coming weeks. Just imagine… because imagining is all we can do at this point. Unfortunately, it looks like the GPU supply will continue to be extremely low and will not be able to meet demand for the coming months, at least in Nvidia’s case.

The bad news was brought up during the Q3 financial report conference call by Nvidia’s CFO Colette Kress, who once again blamed it on the constraints in the supply chains: “Given industry-wide capacity constraints and long cycle times, it may take a few more months for product availability to catch up with demand.” One month ago, Nvidia CEO Jensen Huang himself was saying that the supply will surely not meet demand by the end of 2020, and now it appears that the problems could persist well into 2021. Given the situation with the global pandemic, the shortages will most likely linger until we start seeing subsiding infection rates combined with increased 8 nm yields from Samsung. Then again, authorities across the world are expecting a third infection wave in early 2021, so supply might only catch up with the demand by Q2 2021.

Nvidia proudly reported 37% YoY and QoQ growth amounting to $2.27 billion from the gaming segment alone in Q3 2020. Now, these figures barely include any RTX 3000 sales, since Nvidia started selling its FE cards by mid-September, and AIB cards only started trickling in early October. With all the constraints imposed on the supply chains throughout the remainder of 2020, the Q4 financial report might not look that good for Nvidia.

AMD seems to be in the same boat with the newly released RX 6000 cards. Admittedly, we have only seen supply problems with the reference cards coming directly from Team Red. AIB partners might be able to fix this problem to some extent, but we will have to wait until next week to see if this is indeed the case.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2020 11 > Nvidia once again acknowledges that the RTX 3000 supply problems could last for at least a few more months
Bogdan Solca, 2020-11-20 (Update: 2020-11-21)
Bogdan Solca
Bogdan Solca - News Editor
I stepped into the wonderous IT&C world when I was around 7. I was instantly fascinated by computerized graphics, be them from games or 3D applications like 3D Max. I like to keep myself up to date with all the new technologies that get released at an ever increasing rate these days. I'm also an avid SciFi reader, an astrophysics aficionado and, as of late, a crypto geek.