NVIDIA CEO promises more GPU supply

Posted on Friday, Feb 09 2018 @ 10:33 CET by Thomas De Maesschalck
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In response to a question about the tight GPU availability due to high demand from cryptocurreny miners, NVIDIA CEO Jen-Hsun Huang told Morgan Stanley analyst Joe Moore that they're working to increase supply. Huang said he expects demand will very likely remain great, so NVIDIA is doing what it can to boost output:
Joe Moore
You mentioned how lean the channel is in terms of gaming cards. There has been an absorbable increase in prices at retail. And I am just curious, is that a broad-based phenomenal? And is there any economic ramification to you? Or is that just sort of retailers bringing prices up in a shortage environment?

Jen-Hsun Huang
We don’t set prices at the end of the market, and the best way for us to solve this problem is, work and supply. The demand is great and it's very likely the demand will remain great as we look through this quarter. And so, we just have to keep working on increasingly supply. We have our suppliers are world best and a largest semiconductor manufacturers in the world and they’re responding incorrectly and I'm really grateful for everything they are doing, we dot got a catch up to that demand, which is such really great.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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