Nvidia CEO Jensen Huang expects the current global chip shortage to impact the company’s production line into the next couple of years.
In an Interview with Yahoo, Huang said that he expects “demand to far exceed supply” through to 2022, particularly the demand for graphics cards.
The company’s expectations also line up with the predictions of several other manufacturing firms.
Intel CEO Pat Gelsinger also told Yahoo last month that the company expects shortages to last into 2023.
Sony has lowered its production target for the fiscal year by around one million PS5 consoles to reflect ongoing manufacturing constraints.
Nintendo is also affected. The Japanese firm has also stated that the “semiconductor situation is having some effect on hardware development”. Because of that Nintendo has also scaled back its full-year production estimates.