To be precise, Huang said that he expected gaming GPU demand to far exceed its supply for the vast majority of 2022. This is also despite the fact that the average price for NVIDIA’s Ampere-powered graphics cards has been on a steady decline since May this year. But while the ongoing COVID-19 pandemic has been a major factor in the shortage, another problem behind the GPU shortage that cannot be discounted is the fact that a huge chunk of readily available NVIDIA GeForce RTX 30 series cards was being bought in bulk, primarily by GPU miners. Mind you, the hoarding included many of NVIDIA’s LHR (Light Hash Rate) cards that are supposed to prevent them from being used for mining but, as you well know, circumvention methods were discovered not long after.
On another note, there is also the topic of NVIDIA’s follow-up to Ampere, Ada Lovelace. While NVIDIA has yet to make any official statement on the product, speculations and rumours are suggesting that the GPU maker will be making the component with TSMC as its foundry of choice. (Source: Seeking Alpha via Videocardz)