News

Nvidia expects GPU shortage to continue ‘for much of this year’

Nvidia expects GPU shortage to continue 'for much of this year'

While we were reading up on Nvidia’s Grace CPU and datacentre DGUs yesterday, Nvidia was hosting an investor day for its shareholders. During which the company’s top brass spoke a little on the current GPU shortage—the bane of many PC builders’ lives at current—and how long the company thinks this may go on for. Sadly it’s not looking up for the entirety of 2021, as Nvidia revises its outlook once again.

“Overall demand remains very strong and continues to exceed supply while our channel inventories remain quite lean,” says Colette Kress, CFO of Nvidia in a blog post. “We expect demand to continue to exceed supply for much of this year. We believe we will have sufficient supply to support sequential growth beyond Q1.”

Continue Reading: Source link

Similar Posts