Nvidia warns of constrained supply of gaming GPUs, potentially signaling higher prices and shortages to come — 'we do believe for a couple of quarters it is going to be very tight'
Source: Tom’s Hardware
Image credit: Nvidia
Supply Outlook
“As much as we would love to have more supply, we do believe for a couple of quarters it is going to be very tight,” said Jensen Huang, CEO of Nvidia, during the company’s earnings call with financial analysts and investors. “If things improve by the end of the year, there is an opportunity to think about what that is from a year‑over‑year growth, but it is still too early for us to know at this time. We will get back to you as soon as we can.”
The CEO did not specify whether the tight supply will stem from:
- Limited wafer‑fabrication capacity at TSMC being redirected from gaming GPUs to data‑center AI GPUs, or
- Shortages of GDDR7 memory as DRAM makers prioritize the more silicon‑intensive and costly HBM3E over GDDR7 SGRAM.
Financial Impact
Sales of GPUs for gaming and professional visualization generated $19.233 billion last fiscal year, broken down as:
- $16.042 billion from GeForce graphics processors (up 41 % YoY, FY2025)
- $3.191 billion from professional graphics solutions (up 70 % YoY)
Shipment Data
Desktop GPU prices have been rising for some time, yet demand for GeForce boards remained stronger in the prior year than in 2024 and 2023, driven by the rollout of the GeForce RTX 50‑series (Blackwell architecture).
Based on Jon Peddie Research data:
- Nvidia shipped approximately 30.4 million desktop GPUs in the first three quarters of 2025, about 200 k more than the 30.2 million shipped throughout all of 2024.
- Laptop gaming GPU shipments typically track desktop GPU volumes.
By contrast, AMD’s Radeon desktop GPU shipments dropped dramatically last year.
Image credit: Tom’s Hardware, data by Jon Peddie Research
Outlook for Gamers
Nvidia’s warning of constrained supply in the coming quarters suggests higher prices and limited choice for gaming graphics cards.