Image: NVIDIA

It’s crazy to imagine that enthusiasts might have to wait another year before they can get a graphics card without going through the hassle of sifting through endless, overpriced listings or dealing with third-party sellers, but apparently, that’s going to be a very realistic possibility.

Speaking during this week’s Q2 2022 earnings call, NVIDIA CEO Jensen Huang was asked by Evercore’s C.J. Muse to elaborate on how bad the supply constraints actually were and when he thought they might ease so gamers would have an easier time finding GeForce RTX graphics cards on physical or virtual shelves. Huang did not have good news.

While the CEO pointed out that NVIDIA had secured “pretty significant long-term supply commitments” for the different marketing initiatives that the company has set itself up for, Jensen went on to admit that supply constraints will likely be a problem for most of 2022. “[…] I would expect that we will see a supply-constrained environment for the vast majority of next year is my guess at the moment,” Jensen said.

“But a lot of that has to do with the fact that our demand is just too great,” the CEO explained. “RTX is really a once-in-a-generation reset of the computer — modern computer graphics. Nothing like this has happened [Indiscernible] computer graphics. And so the invention is really [Indiscernible] and you could see its impact.”

NVIDIA will reportedly launch its first GeForce RTX 40 Series graphics cards featuring the Lovelace architecture by late 2022. Those might be a bit challenging to find.

Okay. We’re supply constraint in graphics and we’re supplying constraining graphics while we’re delivering record revenues in graphics. Cloud gaming is growing, cloud graphics is growing. RTX made it possible for us to address the design in the creative workstations. Historically the rendering of ray tracing and photorealistic images have largely been done on CPUs.

Source: Seeking Alpha (via EricJhonsa)

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6 Comments

  1. Huh.

    Wasn’t it “Probably until April 2021”
    Then it shifted to “Second half 2021”
    Then “Maybe Q4 2021”
    Now it’s “Late 2022”

    I know they are guessing just like the rest of us, but they do have the advantage of insight into the production lines. They still can’t predict demand or things like mining booms or substrate shortages – or at least they haven’t been able to any better than the rest of us, despite being industry experts.

  2. [QUOTE=”Brian_B, post: 39998, member: 96″]
    Huh.

    Wasn’t it “Probably until April 2021”
    Then it shifted to “Second half 2021”
    Then “Maybe Q4 2021”
    Now it’s “Late 2022”

    I know they are guessing just like the rest of us, but they do have the advantage of insight into the production lines. They still can’t predict demand or things like mining booms or substrate shortages – or at least they haven’t been able to any better than the rest of us, despite being industry experts.
    [/QUOTE]

    Well if you look how intel was handeling it’s shift to 10nm, they kept pushing it back and that was during a “normal” period, not some global pandemic/mat’s shortage/mining boom type of period.

    I’m sure they have a much better idea then we have, but as usual they only tell the general public what they need to to get away with it.

    The thing that I’m wondering about is, is seeing that cards here in Europe or at least parts of it are available but at ridiculous prices and have been for some time (not all models etc..) so they might now be diverting more inventory to say the US since they still sell out there from the sounds of it, just at lesser inflated prices.

    The biggest mistery here is the Series X, I don’t get any updates from any stores regarding availability (from the same stores that give updates regarding the PS5)

    Also one has to wonder what would have happened without the pandemic because I never will believe that without that there would be enough chips around. This shortage would have happened anyways given the amount of new fabs they are all planning to build all of a sudden.

  3. I’m really torn on what to do at this point.

    There are a few titles I want to play that likely will be too much for my aging Pascal Titan to handle at 4k, notably Cyberpunk 2077 and Far Cry 6.

    At the same time I usually only buy top end GPU’s at the very beginning when they are launched, to get the most lifecycle for my money.

    I’ve been eyeballing the revised MSRP’s of some of these models. I don’t want to do it, and I don’t want to do it this late in the lifecycle, but at the same time, do I really want to go more than a year from now without?

    I’ve been thinking about going lower end.

    A 3070 would only gain me ~15% over my Pascal Titan. (granted it will give me DLSS though, which might help make up for the modest increase)

    But even the lowly 3070 is going for a ridiculous $1200+ right now. Hardly seems worth it for that small of an improvement.

    I’d rather buy a 3080ti at a disgusting $2000 than a 3070 at $1200.

    Decisions, decisions….

    I don’t even know which (if any) of the 3080ti boards have the reference board layout for a water block…

    The only redeeming factor is that I can recoup some of that cost by selling the Pascal Titan.

    They seem to be going for between $550 and $800, which is kind of crazy considering I paid $1200 for it 5 years ago…

    Maybe I’ll luck out and find a buyer who wants the EK water block with it…

  4. This whole PC market situation really f*cked over my friend. He’s rocking a Core i7-920 on X58. He was ready for an all-new system last year, which I was supposed to build for him, but he put it off until this year, and got hella boned with the GPUs. On top of that, he can’t find a PS5 or XBSX to save his life. He was gonna wait out this year and hoped sh1t returned to normal next year. Well looks like that might not happen either. Now he really regrets not going forward with the new system build last year.

    I built systems for other folks last year and they had to wait on parts too. A couple of them had to wait weeks for PSUs to get in stock. Another waaay overpaid for an RTX 3070 cuz he was tired of waiting (I forgot what he paid, but I think it was a few hundred over MSRP). Another dude overpaid for RAM (around double the price) cuz it was the one part he was waiting on for his new system. A friend in SanFran spent weeks looking for the motherboard he wanted for his build. One friend was dying to get his hands on Zen 3 earlier this year, which he finally did by paying a scalper (cuz his current system which he also uses for his job was f*cked, and he had all the parts for a new PC except the CPU, and couldn’t afford to wait anymore), which really pissed him off cuz he was going against his own rules. Now he’s having trouble finding the displays he wants at MSRP. He was lucky he was able to get a 6900 XT around MSRP earlier this year, no idea how he managed that.

    As for myself, I just got my brand-new 1080 Ti in Summer 2019 for $430 (was considering a 5700 XT and 2070 Super at the time), and yeah I’m on old-@ss X99, but I can wring a couple more years outta this nearly 7-year-old PC yet, and HOPEFULLY by then things will be back to normal. And if not, well fuuuuuuuuuck. But for right now, I’m glad I’m not in the market for a new GPU. I’m a 1440p/165Hz gamer, and right now the 1080 Ti is doing just fine for that. I’ve obviously been thinking about a new system, but this whole situation put me into the laziness+wait-and-see mode (and also I’m currently broke). So I just hold on to what I got, and I’m glad to have it. One of my friends strokes the 5700 XT he got in 2019 saying “my precious” after 2020 and 2021 made graphics cards rarer than negroes in Siberia. We both got GPUs in 2019, and after we found out how awesome Ampere was, we were both pissed off we didn’t wait until 2020. And then the whole PC market went to sh1t, and we changed our minds – we were lucky we were able to get what we could, when we could.

    Those of you at 4K playing at least somewhat modern titles, I feel your pain.

  5. [QUOTE=”Zarathustra, post: 40006, member: 203″]
    I’ve been eyeballing the revised MSRP’s of some of these models. I don’t want to do it, and I don’t want to do it this late in the lifecycle, but at the same time, do I really want to go more than a year from now without?
    [/QUOTE]
    This is where I’m at.

    With MSRPs touching on double of what was acceptable not so many years back, and having to play lotteries of one form or another to even pay [I]that[/I], waiting is what I’ve been doing and I don’t see that ending soon.

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