Finding Nvidia’s RTX 30-series GPUs in stock won’t get easier any time soon, as Chief Financial Officer Collette Kress announced supply will “remain tight” until at least the end of Q1 2021.
Going by a typical corporate calendar, that would land us right at the start of April. However, Nvidia doesn’t play by the rules with its scheduling, which means its fiscal quarter doesn’t end until the beginning of May. But no matter how you cut it, we’ve still got a few months of non-existent RTX 30 stock to deal with before availability ramps up.
The announcement was made during the J.P Morgan Tech/Auto Forum Conference, held earlier this week. “So, supply does remain tight at this time,” said Kress. “We expect the overall channel inventories, meaning the inventories that are with our AIC partners as well as in our e-tail and retail channels will likely remain lean throughout Q1.” Kress continued, “Our overall capacity has not been able to keep up with that overall strong demand that we have seen.” She wrapped up by stating the team is focused on improving the supply chain and hopes to get more GPUs onto store shelves as soon as possible.
It’s not what customers were hoping to hear, but at least we have some more details on when we’ll actually be able to pick up the hot new items. No doubt about it – Nvidia’s RTX 30-series is a huge leap forward, and arguably the new gold standard for GPUs. However, much like it is for PS5 and Series X, the demand for the GPUs far outweighs the supply. The problem is only exacerbated by an increasingly digital marketplace, where bots and resellers quickly scoop up inventory before relisting it at a higher price.
Fingers crossed we see an influx of supply this April, although realistically it won’t happen until May. In the meantime, start pinching those pennies, as these GPUs aren’t getting any cheaper.
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Jon Bitner is an Associate Editor for TheGamer. His passion for gaming started with his first console (Sega Genesis) and he hasn’t stopped playing since. His favorite titles include The Legend of Zelda: Ocarina of Time, Team Fortress 2, Rainbow Six Siege, Pokémon Sword & Shield, Old School Runescape, Skyrim, and Breath of the Wild. He can usually be found playing the latest RPG, FPS, or some obscure mobile game. Before working as Associate News Editor, Jon earned a Biology degree and worked in the Biotechnology sector — experiences that taught him how to put words together and make sentences. When not playing or writing about the gaming industry, he enjoys sleeping, eating, and staring at birds.
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