Reducing GPU prices ‘really just takes providing a reasonable amount of supply in the market,’ Nvidia’s CFO says.
It’ll take a while, but Nvidia expects supplies for the company’s graphics cards to improve by the second half of 2022. Chief Financial Officer Colette Kress made the comment at the UBS Global TMT conference on Monday while discussing Nvidia’s efforts to boost manufacturing amid the ongoing chip shortage. “The company as a whole will take the appropriate work to continue to procure more supply,” she said. “We’ve been able to grow quite well during this year, each quarter, sequentially growing. And we do continue to plan to do that for Q4.” Kress then added: “So we believe we will be in a better situation in terms of supply when we look at the second half of next year.” Supplies are expected to improve when Nvidia releases its next-generation GPUs, which will succeed the still-hard-to-find RTX 3000 series.
