Soon the prices of gaming graphics cards will not fall: Nvidia predicts a continued shortage in the coming quarters

Short summary

- NVIDIA’s profit is almost entirely (91 %) from server solutions; 36 % comes from the two largest cloud providers.

- The gaming segment no longer receives the same support: a shortage of graphics cards will persist into the next quarter and beyond.

- In the previous quarter, revenue from games grew by 47 % year‑over‑year to $3.73 million, but fell 13 % compared with the prior quarter.

- Chief financial officer Colette Kress warned that supply problems would become a “barrier to growth” for the gaming segment in fiscal Q1 2027 and thereafter.

What happened in the gaming sphere
Metric Value
Revenue last quarter +47 % YoY → $3.73 million
Revenue versus prior quarter -13 %
The decline is due to seasonal demand swings and “supply problems” of gaming solutions. In a note accompanying the report, Kress stated:

> *“We expect supply issues to become a barrier to growth for the gaming segment in fiscal Q1 2027 and beyond.”*

> The first quarter of the current fiscal year ends in April 2026, but the availability of graphics cards may still not improve.

Company’s position
1. Server segment

- Revenue is almost 17 times higher than gaming (≈$68 million versus $3.73 million).

- The company has already secured contracts to supply components for upcoming quarters and expects a more complete fulfillment of demand.

2. Gaming segment

- Limited component supply: “We would like to have more components, but for the next few quarters it will be very limited.”

- A full‑year growth estimate for the current fiscal year is premature; it can only be assessed by year’s end.

Possible consequences
- Delay in launching new gaming GPUs – a shortage of parts may force NVIDIA to postpone announcing new models this year.

- GeForce RTX 50 units are already selling at a premium of $200 to $500 on mid‑performance models, clearly indicating a supply shortfall.

Conclusion
Given the strong dependence on server business and limited access to components, NVIDIA is forced to redirect resources toward cloud services. The gaming market will continue to face GPU shortages, and growth in this segment may only become realistic after component supply improves.