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Nvidia anticipates that demand for GPUs will continue to outstrip supply far beyond 2022.
Nvidia CEO Jensen Huang anticipates that supply will constrain the GPU industry well beyond 2022. According to the CEO, demand for RTX graphics cards is 'too big.' Nvidia once again set records in the most recent quarter.
The LHR GPUs, which are subject to prohibitions against crypto mining, accounted for 80 percent of all Ampere-GPU deliveries in the third quarter. Nvidia launched new variations of its GPUs with restrictions at the end of May, with the goal of making the cards less attractive for Ethereum mining.
Despite the fact that Nvidia has achieved record sales, the demand for graphics processing units (GPUs) continues to outstrip supply, according to the company's CEO Jensen Huang when addressing the quarterly results. He anticipates that demand will outstrip supply for the majority of next year. Huang argues that this is due to excessive demand and the fact that the RTX cards are "groundbreaking," prompting many people to want to update their graphics cards.
Nvidia AD102 Lovelace Available in 2023 with production starting in Summer 2022 - 08/19/2021 12:51 PM
Nvidia's rumored GPU line for the GeForce RTX 4000 series is codenamed Lovelace, news now indicates it will be released in Summer 2022. The top-of-the-line Lovelace model potentially requires even mo...
NVIDIA adds 80GB graphics memory version to workstation GPU A100 - 06/29/2021 09:03 AM
This one slipped through the mazes yesterday, but NVIDIA added to the GPU "A100 PCIe" a powerful 80GB video memory model for PCI-Express connected workstations....
NVIDIA Announces GeForce RTX 3070 Ti ($599) and 3080 Ti ($1199) - 06/01/2021 12:31 PM
NVIDIA just announced the GeForce RTX 3070 Ti ($599) and 3080 Ti ($1199), the latter card will become available later this week with the 3070 Ti following. ...
NVIDIA Announces Financial Results for First Quarter Fiscal 2022 - 05/27/2021 09:20 AM
SANTA CLARA, Calif., May 26, 2021 — NVIDIA (NASDAQ: NVDA) today reported record revenue for the first quarter ended May 2, 2021, of $5.66 billion, up 84 percent from a year earlier and up 13 percent...
NVIDIA Adds DLSS Support To 9 New Games - 05/19/2021 08:52 AM
May brings NVIDIA DLSS upgrade for nine games, including support for Virtual Reality titles for the first time ever. GeForce RTX users can now boost performance with NVIDIA DLSS in 50 games, with more...
Kaarme
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Joined: 2013-03-10
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Posts: 3201
Joined: 2013-03-10
#5939596 Posted on: 08/20/2021 09:29 AM
Enough people are willing to pay the bloated prices, so obviously AIBs and shops aren't going to drop the prices. For those of us who find the scalper prices too outrageous, options are few. Intel isn't traditionally one to compete by lowering prices, but since they are beginning from 0% market share, maybe they will. Then it would only be up to the shops. If Intel wanted to gain a foothold by selling for a more reasonable price, but shops say "haha, no" and set the price as high as AMD and Nvidia cards, there's little Intel could do about it.
Enough people are willing to pay the bloated prices, so obviously AIBs and shops aren't going to drop the prices. For those of us who find the scalper prices too outrageous, options are few. Intel isn't traditionally one to compete by lowering prices, but since they are beginning from 0% market share, maybe they will. Then it would only be up to the shops. If Intel wanted to gain a foothold by selling for a more reasonable price, but shops say "haha, no" and set the price as high as AMD and Nvidia cards, there's little Intel could do about it.
moab600
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Joined: 2004-09-30
Senior Member
Posts: 6494
Joined: 2004-09-30
#5939597 Posted on: 08/20/2021 09:32 AM
That will set the stage for $1000 Lovelace midrange cards...
That will set the stage for $1000 Lovelace midrange cards...
Moonbogg
Senior Member
Posts: 270
Joined: 2008-05-07
Senior Member
Posts: 270
Joined: 2008-05-07
#5939601 Posted on: 08/20/2021 09:44 AM
PC gaming has been great since it started. The way things are going with pricing, I think what will happen for me is other things like new stand alone VR headsets and consoles will catch my attention and I'll just get more involved with those things and leave PC gaming behind. I don't see the value in $1200+ for any video card considering what other things will do for me that I can spend that money on.
Also, if what Nvidia says is true about selling record volume and they still can't catch up with demand, then the demand is clearly still coming from miners. You can't satisfy miners with any number of GPUs because they just keep buying more. Gamers typically buy one every couple years or so and that's it. I see mining videos where the guy says he's looking to expand his farm with more GPUs as soon as they're available etc etc. This is like a power virus that just stresses the system to the max, but the system in this case is the supply chain. More fabs and more volume can't fix this. You can triple the supply and it won't be enough by far. Seems like an interesting predicament that PC gaming is in. Mining will kill the PC gaming industry.
PC gaming has been great since it started. The way things are going with pricing, I think what will happen for me is other things like new stand alone VR headsets and consoles will catch my attention and I'll just get more involved with those things and leave PC gaming behind. I don't see the value in $1200+ for any video card considering what other things will do for me that I can spend that money on.
Also, if what Nvidia says is true about selling record volume and they still can't catch up with demand, then the demand is clearly still coming from miners. You can't satisfy miners with any number of GPUs because they just keep buying more. Gamers typically buy one every couple years or so and that's it. I see mining videos where the guy says he's looking to expand his farm with more GPUs as soon as they're available etc etc. This is like a power virus that just stresses the system to the max, but the system in this case is the supply chain. More fabs and more volume can't fix this. You can triple the supply and it won't be enough by far. Seems like an interesting predicament that PC gaming is in. Mining will kill the PC gaming industry.
RavenMaster
Senior Member
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Joined: 2009-08-19
Senior Member
Posts: 1335
Joined: 2009-08-19
#5939616 Posted on: 08/20/2021 10:50 AM
I'm seeing plenty of Nvidia GPU's in the shops now. They're starting to overflow and retailers have begun to lower prices again due to the overstock and nobody buying them. Looks to me like demand has been met.
I'm seeing plenty of Nvidia GPU's in the shops now. They're starting to overflow and retailers have begun to lower prices again due to the overstock and nobody buying them. Looks to me like demand has been met.
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time to buy a console then,need no favors from nv