NVIDIA: Price of GeForce RTX 30 GPUs for Gamers Won’t Stabilize Until April 2021

NVIDIA Price of RTX 30 GPUs for Gamers Wont Stabilize

As stated in recent hours by the CFO of NVIDIA, Colette Kress, the company expects that the difficulty in finding the necessary components for the production of the new NVIDIA GeForce RTX 30 series video cards will continue until the end of 2020 and probably also until April 2021. The lack of components is not limited to wafers and silicon but also includes substrates and other elements.

Getting a video card of the new NVIDIA GeForce 30 RTX series, despite the continuous launches of new products such as that of the recent RTX 3060 Ti, will therefore be an almost impossible undertaking for several months to come.

Also, for this reason, the prices of the old RTX 20 series started to grow again both in terms of the new and in relation to the second-hand market. In short, it is certainly not a good time for those who want to treat themselves to a new GPU for Christmas.

In that sense, the CFO of Nvidia, Colette Kress, at the 24th annual Credit Suisse technology conference said the following:

“We do have supply constraints and our supply constraints do expand past what we are seeing in terms of wafers and silicon, but yes some constraints are in substrates and components. We continue to work during the quarter on our supply and we believe though that demand will probably exceed supply in Q4 for overall gaming.”

“We do expect it probably to take a couple of months for it to catch up to demand, but at this time, it is really difficult for us to quantify,” Kress said. “So, we stay focused on trying to get our parts to the market for this very important holiday season. Each day things continue to improve. But before the end of the quarter, we will be able to provide some more information.”

But even if this shortage of components were to be resolved by the end of the year, which is still a fairly remote probability, it will take a few months before the production chains are able to supply a quantity of GPUs sufficient to equalize all those who have pre-ordered the graphics cards, and therefore substantially catch up with the demands.

Shibu is a contributor here especially for gaming topics and has the technical expertise also to write on mobiles, technology, hardware, etc.