Nvidia Stock Issues
Nvda stock has been choppy lately.
Nvidia stock issues. In an unprecedented move caused by all the stock issues around these graphics cards founders edition models are now being sold directly by best buy in the us rather than from the nvidia site. Two week delay means the gpu will now be out on october 29 as nvidia tries to sort stock issues. The problem is being billed as a demand issue rather than a supply one. Nvidia is expecting its geforce rtx 3080 and rtx 3090 stock to remain tight through the remainder of the year and beyond.
Nvidia is delaying the launch of its lowest cost gpu the geforce rtx 3070 the reason is to avoid the type of backlash the company already encountered when the rtx 3080 and rtx 3090 quickly sold out. The news came from nvidia ceo jensen huang who has a complete picture of manufacturing speed as well as the logistics of bringing the product to market. And one of the key problems is amd a company that is starting to benefit from its focus on innovation. Nvidia addresses geforce rtx 3080 stock issues in new q a nvidia addresses gamers concerns over the insane geforce rtx 3080 launch the best gpu launch ever and the most frustrating anthony.
The original release date was to be october 15 2020 and the delay should allow extra time for manufacturing and logistics to get stock to shelves and ready for shipping.