NVIDIA Believes GPU Availability Will Improve in the Second Half of 2022

Image: NVIDIA

Enthusiasts who have been struggling to acquire one of NVIDIA’s hotly selling GeForce RTX 30 Series graphics cards might finally be able to get one by the second half of next year without resorting to frustrating means such as auction sites and the Newegg Shuffle.

That’s according to NVIDIA’s Chief Financial Officer, Colette Kress, who spoke during Monday’s UBS Global TMT conference and suggested that the availability of GPU supplies should see improvement by Q2 2022. Kress maintained that green team has been increasing its efforts amid the ongoing chip shortage, noting that NVIDIA has already achieved some level of improvement over the past year.

“The company as a whole will take the appropriate work to continue to procure more supply,” she said. “We’ve been able to grow quite well during this year, each quarter, sequentially growing. And we do continue to plan to do that for Q4.”

“So we believe we will be in a better situation in terms of supply when we look at the second half of next year,” Kress added.

Kress also confirmed that NVIDIA had been entering into longer-term agreements to better meet demand.

“Longer-term can be more than a year,” Kress said. “You’ve seen us now enter into agreements that will take us out many years in terms of long-term capacity needs.”

Source: PCMag

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