What just happened? We're all sick of the GPU market being in such shambles, but could things change this year? Nvidia chief financial officer (CFO) Colette Kress says that the company expects to increase supply of its cards in the second half of 2022, which likely coincides with the arrival of the RTX 4000 'Ada Lovelace' series. Speaking at the virtual 24th Annual Needham Growth Conference (via Seeking Alpha ), Kress said that demand for Nvidia's GeForce products far outweighed supply last year, as we know, but team green is optimistic that the situation will improve later this year. “We are working, as we’ve mentioned, in terms of longer-term, getting that supply. In the second half of calendar ’22, we believe we’ll be in a great position with our overall supply in terms of our estimations of what we will need going forward,” Kress explained. Why the sudden increase in GPU supply? The obvious answer would be the arrival of Ampere's successor, codenamed Lovelace—we previously heard that the new series of cards would arrive in the third quarter of 2022. Expect these to be replaced with RTX 4000 cards later this year This is the second time Kress has claimed… Read full this story
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