Nvidia CEO says GeForce RTX3080 and RTX3090 will continue to decline next year

Nvidia CEO Jensen Huang announced on Monday that demand for Nvidia’s latest GeForce RTX3080 and RTX3090 graphics cards was high, with manufacturers unable to keep up, creating shortages that could last until 2021.

Accordingly Tom’s hardwareDuring a Q&A session during Nvidia’s GTC announcement, Huang revealed the expected decline.

“I believe demand will surpass all our supplies throughout the year,” he said. “Remember, we’re also going for a twin – twin vacation. We did an incredibly good job before the holidays, and then you ‘add the’ ampere factor ‘, and then you get the’ ampere holiday factor ‘, and we have a very big Q4 season.”

Huang said the problem is not the distributor of the equation, but the consumer side – everyone with a PC is doing bit chomping to get their hands on one of the new ampere cards.

“The 3080 and 3090 have a demand problem, not a supply problem,” he said. “The demand problem is much bigger than we expected – we expected a lot.”

An RTX 3070 is almost certain to be less. Is it possible to capitalize on AMD?

While the GeForce RTX 3080 and RTX 3090 will be sold out as soon as retailers can resume, the upcoming RTX 3070 release is likely to face a similar fate to its larger amp brothers.

As the RTX 3080s and 3090s last for less than a month, all empty customers will be more tempted to buy and sell the RTX3070 when it goes on sale in the coming weeks, creating the same sales within seconds of the current RTX3080 and RTXNat 30x impact.

As the shortage of Nvidia cards has stalled for the next few months, there seems to be a kind of opening for Team Red to fill in all the empty online shopping carts, with their RX6000 Big Navi cards to be announced in October. 28.

When graphics cards go on sale before Black Friday, AMD may become a compromise option for many buyers, hoping that their Big Navi cards will hold their own against the new RTX 3000 series. If they are competitive in price as well, Nvidia’s shortfall could be a blow to AMD – at least for the short term.