By Hans Leguízamo Romero. Peninsula 360 Press [P360P]
Nvidia CEO Jensen Huang shared in an interview with Yahoo Finance on the sidelines of the GTC (Graphics Processor Technology Conference), a grim sight for those waiting for GPU prices to stabilize. “It’s going to take quite a while for supply to outstrip demand, I think next year, demand is going to far exceed supply,” Jensen said.
"People are starting to build more and more workstations and the reason is that their home is now their office," he added.
He also said that more people are playing video games due to the health measures. “People are starting to play more video games because they can’t travel as much.”
Unfortunately, the price of graphics cards, which are necessary for playing video games and working on various applications, has skyrocketed. The start of cryptocurrency mining marked the first part of the increase in demand, but it was the COVID-19 pandemic and the disruption of the production chain that severely impacted the graphics processor market.
As of today, older models in the GFORCE series sell for the same price they were released at in 2016, mid-range cards are double their price, and the most powerful graphics cards can be worth several times their original price. That is, of course, if you can afford them, as they are in such short supply that resellers have taken to snapping them up as soon as they become available.
Hopes of seeing an end to this situation this year are fading with comments from Jensen Huang who predicts a horizon full of difficulties not only for those who want a powerful computer, as the chip shortage has also affected PlayStation, which is struggling to keep its console available. Likewise, manufacturers of cars, televisions and electronics in general are seeing their options reduced by the disruptions in the production chain.
Just like video games, which greatly increased their profits during the pandemic, Nvidia has seen significant growth this year. Many fear that graphics card prices will never return to normal, as Nvidia has no incentive to combat the skyrocketing prices.
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