In 2020, the coronavirus pandemic has hit industries around the world very severely, and because of this issue, there are supply shortages for PS5, Xbox Series X, and even Nvidia’s RTX 30 Series graphics cards that could last until 2023.
PS5, Xbox Series X, RTX 30 Series supply shortages may last until 2023
The closure of the factories caused an abrupt halt to the creation and distribution of essential components for the multimedia products most requested by the public, thus creating stock and supply problems for the shops.
Anyone who has been looking to buy a PS5 console, Xbox Series X/S, or a new RTX 30 Series graphics card knows this all too well. There are very few stocks now and all sold out in minutes, if not seconds.
A situation that has favored the emergence of scalpers who, once stole the hardware with the use of uncanny bots, can afford to resell them at exorbitant prices, as there is no other way to get them than to wait who knows how long. Unfortunately, the situation will not improve in the years to come, and indeed, it could continue for even longer.
During the last meeting with shareholders, the CEO of Intel, Pat Gelsinger, said that the chip shortage will last until at least 2022, but for the stocks, you will hear problems until 2023.
“While I expect the shortages to bottom out in the second half, it will take another one to two years before the industry is able to completely catch up with the demand,” Gelsinger said during the earnings call.
Both Intel and AMD, in the past, had predicted long timelines for the reorganization of the chip and semiconductor factories, but with each statement, it seems that the wait is getting longer and longer.
With these prospects, it is clear that we will have to wait for a long time before we see the stores with large stocks of PS5 and Xbox Series X available. In the meantime, we urge you not to succumb to the temptation of scalpers and wait for better opportunities.