The shortage of GPU supplies is expected to see some improvements and the second half of this year could ease out the situation, as hinted by Nvidia’s Chief Financial Officer (CFO) Colette Kress. She made the claim at the 24th Annual Needham Growth Conference recently, and here are all the details.

Kress suggests that Nvidia is working towards getting the supply issue fixed. As per a Seeking Alpha report, she stated, “In the second half of calendar ’22, we believe we’ll be in a great position with our overall supply in terms of our estimations of what we will need going forward.”

In contrast, Intel’s CEO Pat Gelsinger suggests that the global chip shortage might be very much a problem until 2023. Now, it remains to be seen what really happens.