Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/dev.webpronews.com/public_html/wp-includes/functions.php on line 6114
NVIDIA’s Supply Issues Will Last Throughout 2021 «

NVIDIA’s Supply Issues Will Last Throughout 2021

As part of its quarterly results, NVIDIA dropped bad news about the supply issues it has been facing with its GPUs....
NVIDIA’s Supply Issues Will Last Throughout 2021
Written by Matt Milano

As part of its quarterly results, NVIDIA dropped bad news about the supply issues it has been facing with its GPUs.

The demand for NVIDIA’s GPUs has exceeded the company’s production ability for some time. The tech industry in general has been facing supply issues as a result of the pandemic and increased demand for personal computers and tablets.

NVIDIA has also been facing higher demand due to cryptocurrency mining, with its GPUs a popular option. The company has even taken measures to cripple cryptocurrency mining on its latest GPU, while releasing a semiconductor specifically for miners.

Unfortunately, it appears the company will continue to struggle with demand through the rest of the year, according to CFO Colette Kress.

“Overall demand remains very strong and continues to exceed supply while our channel inventories remain quite lean,” said Kress. “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.”

Subscribe for Updates

CryptocurrencyPro Newsletter

CryptocurrencyPro

By signing up for our newsletter you agree to receive content related to ientry.com / webpronews.com and our affiliate partners. For additional information refer to our terms of service.
Get the WebProNews newsletter delivered to your inbox

Get the free daily newsletter read by decision makers

Subscribe
Advertise with Us

Ready to get started?

Get our media kit