Right now, millions of gamers around the globe are struggling to get hold of new tech. It's not just PC hardware like graphics cards that are hard to find, either. Video game consoles are also difficult to procure, with Nintendo saying that semiconductor shortages could affect the Switch earlier this year. No one can be 100% sure exactly when the situation will be alleviated, though top industry experts predict it could be ongoing for maybe another year. Nvidia CEO, Jensen Huang, has also spoken briefly about the shortages, saying that the company may not be able to meet demand.
In a recent interview, Huang, who co-founded Nvidia in 1993, spoke about some of the exciting products and technological innovations that the chip conglomerate is currently preparing for. During the Q&A session with the interviewers, he was asked about the ongoing shortages that are currently plaguing the tech world. Huang said that, certainly within the next year, demand will be far greater than supply, adding that there's no "magic bullet" to deal with the deficit. However, he did also say that the company does have its share of suppliers, and that it has multiple sources.
Despite the shortages, companies like Nvidia have been seeing huge revenue increases, with the tech giant recording billions in profits earlier this year. In the interview, Huang did say that, because of the pandemic, many more people are finding themselves working from home, which requires users to purchase reliable technology. Given that, it would make sense that Nvidia has seen profits soar as working from home, and needing a computer to do so, has been normalized.
It also doesn't seem that the low supplies are putting an end to Nvidia's drive, as it prepares to unleash new products into an uncertain market, and there's also talk of the company moving into the next generation of GPUs. With Intel recently announcing its own brand of graphics cards, it's understandable that "team green" would be looking to beat the rest of the competition. But, as Huang himself suggests, getting hardware into the hands of consumers is going to be a struggle for the next twelve months, at least.
This is also not the first time the Nvidia executive has spoken about the shortages. A few months ago, Huang believes supply issues could go on until 2023, which almost mirrors what Intel and AMD's CEOs have said. Given the power of these people, many are perhaps prepared to believe that it's likely to be difficult getting hold of a new GPU any time soon.
Source: Yahoo! Finance (Comments on shortages starts at the 15:00 mark)