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Tom’s Hardware
Tom’s Hardware
Technology
Hassam Nasir

Nvidia warns of gaming GPU shortage this quarter, recovery in early 2025 — Chipmaker rakes in record profits as net income soars by 109% YoY

Nvidia.

Gamers searching for cheap graphics cards during the holiday season might be in for disappointment. Nvidia's earnings for the third quarter beat analyst expectations as it doubled its profits year-over-year, mainly due to massive strides in the data center market and a healthy uplift in gaming revenue. But Nvidia CFO Colette Kress sounded an alarm during the earnings call as well — saying there's a potential gaming GPU supply shortfall coming this quarter.

"Q3 was a great quarter for Gaming with notebook, console, and desktop revenue all growing sequentially and year-on-year.... On Gaming, although sell-through was strong in Q3, we expect fourth-quarter revenue to decline sequentially due to supply constraints."

Colette Kress
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