It is still a tumultuous time to be a gamer, especially for those on the lookout for some new gear, whether it's a new-gen console or a graphics card. AMD and Nvidia have also been feeling the effects, though profits are still up, and despite GPU prices now starting to fall, supplies remain low and customers are struggling to secure modern tech. While it's uncertain when the market will mend itself, many have forecast shortages going on for at least another year. Recently, Nvidia's CEO reiterated similar concerns.
In an interview conducted a couple of days ago, Jensen Huang, businessman and engineer in charge of Nvidia, had a chance to discuss the company's profits. In the interview, he discussed how the tech conglomerate has managed to deliver "record revenues" despite the ongoing deficit. However, he also expressed some concerns about the shortages. Believing that the market is not yet seeing the light at the end of the tunnel, Huang added that the industry will see a "supply-constrained environment" perhaps for the majority of 2022.
RELATED: Eleven-Year-Old Gamer Manages to Skip Newegg Queue System and Purchase an Nvidia 3090
If his prediction is correct, then this could mean that supplies of graphics cards, and other hardware, is going to remain at an all-time low for at least another year. While prices on AMD and Nvidia products have been dropping in Germany recently, it seems as though there is still some way to go before the market can be considered back to where it should be. Despite this, both companies have still been putting out new GPUs, which makes sense on the one hand as they need to keep putting products out into the public sphere, yet at the same time, seems fruitless if people are struggling to get hold of any of it.
Add onto that, both AMD and Nvidia have now got a new rival. With Intel recently announcing its range of Arc products, there is a chance that the GPU market could become cluttered. As of this article going live, neither Huang nor AMD's CEO have had much to say about Intel throwing its metaphorical hat into the ring.
Even if the deficit does go on into the latter periods of 2022, and maybe beyond that, it seems the fact that people can't get hold of new GPUs or consoles or anything else has not slowed down profits for the big companies. With both Nvidia and AMD sales being up by 35% for Q1 2021, it would be very interesting to know just how much they would have made were it not for the global shortages.
MORE: Comparing the Nvidia GeForce RTX 3080Ti Graphics Card to the 3080 and 3090
Source: Seeking Alpha
