NVIDIA CFO says company should be in a 'great position' to meet demand in second half of 2022

It's been hard to purchase the all-time graphics cards from NVIDIA due to the ongoing global bit shortage, but the company's CFO says that the scene could change by the second half of 2022. NVIDIA'southward chief fiscal officeholder, Colette Kress, discussed the visitor's power to meet the need for graphics cards and other components at the 24th Annual Needham Growth Briefing (via The Register).

"We continue to try and become more supply for the latest quarter. But at the same time we are procuring supply commitments for longer term. In many cases they can be for a twelvemonth out, some of the times they may exist for multiple years out," Kress stated.

The CFO's comments don't just refer to the company's ability to ship graphics cards. "It's not merely about what nosotros tin can provide in terms of a GPU. Nosotros accept to think through the entire system, the system of building a laptop, or workstation, or for example, the DGX," Kress explained. "Will all of those components and pieces be available? How do nosotros assistance fuel the full ecosystem? So yeah, I think we are turning into a new moving ridge that I believe will be helpful in terms of the overall working together."

Kress explains that efforts from NVIDIA may assist encounter the demand, which currently exceeds the supply of available components.

"Nosotros are working, equally we've mentioned, in terms of longer-term, getting that supply. In the second half of agenda '22, we believe we'll exist in a bully position with our overall supply in terms of our estimations of what we volition need going forward," said Kress. These remarks align with NVIDIA'south previous supply concatenation stabilization estimates.

NVIDIA has attempted to mitigate the chip shortage'southward effect on graphics cards by lowering the hash rate of the RTX 3080, 3070, and 3060 Ti when used for crypto mining. The company also launched CMP cards that are designed specifically for crypto mining. These moves were done in an endeavour to get graphics cards congenital for gaming into the hands of gamers.

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