Nvidia CEO: RTX 3000 cards will remain difficult to buy for the rest of the year



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(Credit: Nvidia)

If you’re desperate to buy an RTX 3000 series graphics card, there’s bad news: Nvidia expects products to remain in short supply throughout 2020, even if it continues to produce them.

“I think the demand will exceed all of our supplies throughout the year,” Nvidia CEO Jensen Huang said during a call with reporters.

The RTX 3080 and 3090 graphics cards have been nearly impossible to buy at retailers because consumers and robots buy the stock almost instantly. To get the cards, you’ll have to go to eBay and buy them from third-party resellers, who have been charging up to $ 1,000 or more above normal retail prices.

Unfortunately, the Nvidia CEO doesn’t expect the situation to improve anytime soon. During the call, Huang indicated that his company has already maximized the manufacturing capacity of the RTX-3000 series cards.

“It is a question of demand, not of supply. The demand problem is much bigger than we expected, ”he said. “We build a lot. They run out in seconds. “

Huang went on to compare the RTX 3080/3090 version with other legendary releases in the history of computing. “Our partner retailers will tell you that they haven’t seen a phenomenon like this in a decade in computing. It dates back to Windows 95 and Pentium processors. That people were crazy … to buy these things, “he said.

The upcoming holiday shopping season, which he described as a “double whammy” for demand woes, doesn’t help matters. “This is a phenomenon that we haven’t seen in a long time, and we just weren’t prepared for it,” he added. “Even if we knew all the demand, I don’t think it would have been possible to have increased so quickly.”

Huang is aware that consumers are upset. “I receive many letters. I answer to all that I can. I let them know that we are trying very hard, ”he said.

However, Huang said the company can do little else. “I don’t think there is a real problem to solve. It is a phenomenon to watch,” he said, pointing to the massive demand.

Still, to try and make supplies easier to obtain, the company postponed the launch of the $ 499 RTX 3070 card from Oct. 15-29 in the hope that there will be enough stock available on day one for more consumers. eager to buy.

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