NVIDIA hopes graphics card shipments will improve in the second

NVIDIA hopes graphics card shipments will improve in the second half of 2022

NVIDIA hopes that the situation with the shortage of its graphics accelerators on the market will improve in the second half of 2022. Colette Kress, CFO, announced this at the UBS Global TMT conference, which was held in a virtual format.

Image Source: Walid Berrazeg / SOPA Images

Image Source: Walid Berrazeg / SOPA Images

She noted that the company continues to make efforts to increase shipments of its chips. “We were able to significantly increase deliveries this year. Growth was observed during each quarter. And we will continue to increase production until the end of the fourth quarter “– commented Kress. She also added: “We hope that the supply situation will get better in the second half of next year.”

The company expects that the situation will be able to significantly improve with the release of a new generation of graphics accelerators, which will replace the scarce GeForce RTX 30 series graphics cards. Kress also said that NVIDIA is already paying and will in the future pay even more upfront to its suppliers, who are committed to providing a certain amount of products in the future. The contracts have become long-term. “Now the duration of long-term contracts can be more than a year. We have signed agreements under which we will be provided with the supply of chips for many years to come “Kress said.

However, she noted that it is now unclear when the GPU market will reach a “stabilization point”, when the supply volume can again fully cover the demand volume. “We will have to wait until the end of the holiday season to better assess supply chain capabilities.”– added CFO NVIDIA.

Despite Kress’s optimism, it is unlikely that NVIDIA video cards will become easier to buy next year. Even if the company can release more GPUs, that won’t stop resellers and miners from buying up all the available offerings. This year, prices for GeForce RTX 30-series graphics cards have become almost double the recommended prices, thereby depriving ordinary buyers of the opportunity to assemble a modern, yet affordable gaming PC.

“We would very much like prices to come down. But we believe that this is only possible if there is a reasonable volume of proposals, and not the meager supply that we have. “Kress added.

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Dylan Harris

Dylan Harris is fascinated by tests and reviews of computer hardware.

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