Nvidia: Demand for Graphics Cards to Outstrip Supply for Much of 2021

Bad news: The shortage for Nvidia’s RTX 3000 graphics cards may persist throughout 2021, according to Nvidia.

“We expect demand to continue to exceed supply for much of this year,” CFO Colette Kress said during Nvidia’s annual investors day on Monday.

On the plus side, Kress said Nvidia is making progress on pumping out more GPUs, despite the ongoing chip shortage. “Our operations team is agile and executing fantastically. We expect our supplies to increase as the year progresses,” she added.

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