Tuesday, October 6th 2020
NVIDIA CEO Comments on RTX 3080 and RTX 3090 Supply Shortages
Shortages in supply of GeForce RTX 3080 and RTX 3090 graphics cards could persist until 2021, according to NVIDIA CEO Jen-Hsun Huang, responding to a question in a Q&A session of the GTC 2020 (Fall) conference. "The 3080 and 3090 have a demand issue, not a supply issue," said Huang. "The demand issue is that it is much much greater than we expected—and we expected really a lot," he added.
Jen-Hsun predicts that the Holiday 2020 shopping season will only compound availability woes. "I believe that demand will outstrip all of our supply through 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 top of that the "Ampere holiday factor," and we're going to have a really really big Q4 season." He likened the demand of the RTX 3080 to that of the Intel Pentium in the mid-1990s. "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."
Source:
Tom's Hardware
Jen-Hsun predicts that the Holiday 2020 shopping season will only compound availability woes. "I believe that demand will outstrip all of our supply through 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 top of that the "Ampere holiday factor," and we're going to have a really really big Q4 season." He likened the demand of the RTX 3080 to that of the Intel Pentium in the mid-1990s. "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."
115 Comments on NVIDIA CEO Comments on RTX 3080 and RTX 3090 Supply Shortages
Could very well be they actually made very few of these because they are more interested in selling their hardware in other (more profitable) markets.
Maybe, just maybe, fab capacity and even Samsungs 8nm are all rush jobs and tight on demand? You know, much like what TSMC has been showing us for years now. But I guess that would make too much sense.
Also... lol Huang. A demand issue is by definition a supply issue.
Well that is the problem you have when you totally underestimate the market and have way to little stock at release.
I would say demand is at least at minimum 25x higher than supply at the moment and demand will get higher closer to xmas.
You cannot blame scalps for the shortage since if there had been enuf stock scalping would not have worked.
Why not release numbers instead of hiding behind words, how many GPUs did they actual have available at release and what is the monthly output of GPUs from factory.
The BIG question is if this is deliberate market manipulation by Nvidia to drive up prices, they lower prices compared to last gen to peek interest and then do a release with starved supply.
I see retailers all over Europe pushing up prices by £50-100 on the 3080 depending on sku. It is like the mining shortage all over again.
We will also see hiked prices for the 3060 and 3070 partner SKUs at release. Biggest Swedish retailer already increased preorder prices on the 3070 SKUs with £50-70.
One last interesting thing is that Nvidia say they delayed the 3070 to have more stock BUT IT WILL NOT MATTER, ALL STOCK WILL BE GONE AT DAY ONE.
The 3070 delay is obviously due to AMD's GPU event at 28th of October, why else have the release the day after on 29th of October.
I really hope AMD made better market predictions and pushes out massive stock at release, this could be their chance to take a nice slice of the market before xmas.
How many cards were delivered to EU stores? Most of them, including the biggest ones (Mindfactory) haven't even added them to their pages, because in three weeks since the sales start they haven't received even a single card.
How is this a demand ussue, not a supply issue?
Let me ask you this : do you really think they got less stock for a GPU which uses a considerably smaller chip and run of the mill GDDR6 memory after a month such that they had to delay it even further ? Come on.
And that goes for most of you tbh. Its so sad to see. Slaves to commerce.
They were always going to release the new cards in september-october regardless of RDNA2 existence.Nvidia is known to be one the best Tech companies to work for (And of course one the worst companies to work WITH, lmao)
and their employees are some of the highest paid employees in the entire tech industry.
But hey, if hating them makes you feel good, that's fine.
For all the lies and marketing bullcrap they sell...it just looks bad.
remind me of metro exodus... "Listen up everyone The baron is speaking.... The baron has spoken "
From what we can see the current increased prices do not benefit Nvidia but AIBs, wholesalers and resellers. Even worse, anger over prices is bound to be detrimental to their PR efforts.
Remember cryptocrazyness in late 2017 and talks how the Nvidia was actually the victim and would not benefit from the price increases done by partners and stores?
Edit:wtf did I just write.
its that simple, and that summarizes this whole emotional topic, both in supply/demand and in how people look at companies. The comments here... overwhelmingly have not territory. But that might have some relation to the number of GPUs in stock :D
Patience is a virtue, they say.
I've also owned Mastercard since it went IPO, Visa since the 1st month of its IPO. So keep buying those overpriced Nvidia cards with your Visa, Mastercards.
The mining craze gave them a peak to how far some of the buyers willing to go. Now they have a more controlled scenario to have the same effect.
If supply ramps up, they still can hold the prices. nVidia can point their fingers to the AIBs while releasing abysmal ammount of Founders Editions on MSRP, while AIBs can point their fingers on nVidia and GDDR6X for short supply and whatnot.
Perfect.
People just don't want to accept that it's the MSRP that is rigged, not the current pricing. This is the real thing.