Why Is Graphic Card Shortage In The World?

EVGA ran a first-come, first-served queue system for Nvidia GeForce RTX 30 series GPUs on its own website last September and once a product is available, it's your turn to buy. You'll receive a secure email to purchase the card. You can jump to the page, make your choice, join the queue and wait to be notified when stocks are available.

Note that you have eight hours to place your order, and if your order is not completed within eight hours, the product will be released from the queue. If you are lucky enough to get an allotment, you'll pay EVGA that has been operating a first-come, first-serve queue system on its own website since September for the NVIDIA GeForce RTX 30-series GPUs and the selling price is not an ugly premium.

The RTX 3090 graphics card is scheduled to appear on Nvidia's website at 6pm PST and is listed as out of stock. Nvidia CEO Jensen Huang warned that RTX 3000 cards for the rest of the year will be hard to buy, pointing to the huge demand it has compared to other popular launches including Windows 95. The bots situation is out of control, cards are sold at inflated prices on eBay and Nvidia has stopped selling RTX 3080 and 3090 Founders Edition graphics cards in its online store and is moving sales to Best Buy in the US.

While both Nvidia and AMD say they ship many more graphics cards than in previous launches, it is not enough to keep up with overwhelming demand for several reasons. As mentioned above, the obvious shortage of graphics cards is caused by demand exceeding supply, but one of the main reasons why demand is so high is the depletion of cryptocurrencies. Hungry miners buy middle- to upper-price GPUs as soon as they become available, draining inventories and pushing prices up to twice the MSRP.

Global chip shortages are forcing automakers to slash production and consumers are unable to find new graphics cards for CPUs, PS5s and Xboxes. The good news is that one CPU and graphics card market seems to have a healthy range of easy-to-buy options for the next build, while other markets are worse off than they have been in months.

Nvidia's new GeForce RTX 30 series and AMD's new Radeon RX 6000 graphics cards are breaking new ground compared to disappointing offerings from recent generations, but most people have no chance to find something which is not available at a reasonable price. New stocks of graphics cards disappear in minutes, if not seconds, at ridiculously high prices from online retailers. Many of these cards re-appear on resale sites such as eBay and Craiglist at their recommended price, sometimes for even more.

The basic rules of supply and demand have led us to the situation we find ourselves today where scalpers are billing above the MSRP cost, AIBs are charging a premium graphics card for whatever they want and consumers buy it without hesitation. New graphics cards are short and impressive, which means that there is very little in them that is impossible to find at a reasonable price.

Graphics card bottlenecks may be just the beginning, but they are far from the end, as the prices of cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, and others have fallen dramatically. A more realistic estimate from NVIDIA and other industry insiders is that the shortage will continue until at least mid-2022, which is not news players want to hear.

I don't know if NVIDIA, the maker of some of the best graphics cards with raytracing support will work to ease the tensions in the crypto graphics card but even if they do a little better, they will lose their popularity and reputation in the coming days if they continue to fail to meet demand. Worse, Taiwan Semiconductor Manufacturing Company (TSMC), Intel's processor maker, has warned that the global graphics card shortage will continue into 2022. Meanwhile, GeForce, another manufacturer, has announced that bottlenecks in graphics cards will continue until 2021.

If you've been on the market for a gaming PC for about six months, you're probably wondering what the hell a graphics card is. Because no matter what budget PC you have built or what class of GPU you want to own, they are all part of the GPU shortage. The global shortage of everything to do with semiconductors has been going on for a while now.

The current global GPU shortage is partly a consequence of the crypto-mining boom in China, which is responsible for the world's largest crypto market and massive demand for hardware. With so many motivated non-gamer customers (people who buy GPUs to mine cryptocurrencies at higher prices), this was inevitable. Recent trends suggest that mining is losing profitability as it becomes more expensive to operate even the smallest production platforms.

Last month, we heard from retailers that AIBs will continue to raise the price they set for their graphics cards, whether it is the board's MSRP or a partner model that is separate from Nvidia, or AMD and their MSRPs for the entire GPU.

If AIBs have stocks that have been replenished on store shelves, coupled with price increases for the same models, dealers could step in and top up those increases.

AMD's memory chips, which work with graphics cards and GPUs, are also in short supply. Asus, one of the world's largest manufacturers of PC components, told investors that the most pressing problem with GPUs is the lack of Nvidia's GPUs. The offer has boosted NVIDIA's top growth in the cryptocurrency mining hardware market that Technavio expects to generate $280 billion in revenues over the next four years.

According to reports from third parties, the demand for graphics cards for the mining of cryptocurrencies has declined in China, the world's largest mining country, due to the government's crackdown. Jon Peddie Research reported that crypto miners bought 700,000 graphics cards in the first quarter, accounting for a quarter of the total sold GPUs. The second reason why graphics card prices have fallen is that the slowdown in mining demand freed up more for gamers.