Nvidia CEO Confirmed Bad News About GeForce RTX 3080, RTX 3090

Gamers planning to purchase Nvidia's GeForce RTX 3080 or GeForce RTX 3090 by the end of 2020 might be disappointed as the supply shortage for the graphics cards would continue till next year.

Nvidia CEO Jensen Huang told mediapersons, on the sidelines of the GTC 2020 event Monday, that GeForce RTX 3080 and RTX 3090 shortage would last until 2021. The executive believes the issue has more to do with the unprecedented demand instead of the supply, Tomshardware reported.

While the company assured fans that it is working to fix things on various fronts, the forthcoming holiday season will not make things any better.

Just minutes after their launch, Nvidia GeForce RTX 3080 and GeForce RTX 3090 ran out of stocks. Many consumers said the recent retail openings were the worst in the industry. There were reports that instead of legitimate customers planning to upgrade their hardware, scalpers were able to get their hands on the graphics cards.

The recent statement from Nvidia's CEO on the shortage of GeForce RTX 3080 and GeForce RTX 3090 came after several media reports speculated the shortages would continue until next year.

Aside from facing a shortage of both GeForce RTX 3080 and GeForce RTX 3090, Nvidia also postponed the launch of RTX 3070. The chipmaker earlier said the move was to ensure that the company would meet consumers' demand when it comes to supply availability. The RTX 3070 features the impressive 2080 Ti-beating performance at $499.

Some reports claimed that unlike RTX 3080 and RTX 3090, the supply of RTX 3070 looks better. Several photos from a GPU validation facility surfaced online a few days ago, showing multiple GA104 GPUs in testing ahead of shipment to AIBs. Better quantities are anticipated for GeForce RTX 3070, but the question is, will its supply able to meet the consumers' demand?