Demand Is Going to Far Exceed Supply, Says Nvidia CEO
Over the past year, and the year before that, there has been a semiconductor shortage. It’s been the main reason why there has been a global game console shortage, as well as shipping problems and other various implications throughout the globe. And, sadly for the Switch, the PS5, and the Xbox Series X/S, as well as various PCs, this problem is not going to go away anytime soon. In fact, it’s predicted that this will continue through the next year of 2022.
According to Nvidia CEO Jensen Huang, Nvidia will continue to help out as much as it can with its large and spread-out supply chain. But, as Huang points out, the problem isn’t so much as being able to get what’s needed; it has more to do with that there are too many people that want what’s become a scarcity. “We don’t have any magic bullets in navigating the supply chain,” Huang said. “We have the support of our suppliers. We’re fortunate that we’re multi-sourced and that our supply chain is diverse and our company is quite large so we have the support of a large ecosystem around us.”
If only this was an unpopular opinion. AMD, Toshiba, and Foxconn appear to agree with Nvidia on this matter, and are, more or less, agreeing that they will be trying to meet up with the current demands well into 2022. Intel CEO Pat Gelsinger even said recently that the shortage might even extend into 2023.
This may mean that the PlayStation 5, among other consoles, will be hard to get. That may also mean there will be a rise of scalpers and other ways that sellers will try to hurt consumers in order to make far more than the asking price.
So perhaps it may be best to stay away from any Black Friday sales of consoles, at least in person.