Graphics cards will remain in short supply for "much of this year," according to Nvidia CFO Colette Kress. Supply should increase as the year progresses, but demand will continue to outstrip it.
Kress was addressing investors in a call earlier this week, and her comment echoes a similar sentiment from Nvidia's primary competitor, AMD. That company's CEO, Lisa Su, said shortages would continue through the first half of 2021 in an investor call earlier this year.
Nvidia Says GPU Shortage to Continue Through 2021
Nvidia and AMD aren't the only ones predicting continued lack of supply. TSMC and Intel have both said chip shortages could last through 2022.
These chip shortages have led the Biden administration to order a review of supply chains for the chips, with an eye toward increasing domestic production.
"This is about making sure that the United States can meet every challenge we face in this new era," Biden said at the time. "The best way to do that is by protecting and sharpening America's competitive edge by investing here at home."