By Jacqueline Thomas
Publication Date: 2026-02-26 22:54:00
Anyone who’s been paying attention to PC hardware over the last few months probably isn’t surprised that graphics card prices are going through the roof right now, mostly due to the ongoing RAM crisis. However, in its latest investors call, Nvidia has warned that the GPU shortage – at least for consumers – isn’t going to end any time soon.
In the company’s earnings call (via PCMag), Nvidia CFO Colette Kress explained that while gaming revenue for fiscal Q4 2026 was up 47% over Q4 2025, revenue for the segment dropped by 13% when compared to Q3 2026 likely due to the shrinking memory stock over the last few months. Kress further explained that “We expect supply constraints to be a headwind to gaming in the first quarter of fiscal 2027 and beyond”.
Nvidia’s fiscal year 2027 ranges from February 2026 to January 2027, which means we’re in the first quarter of fiscal 2027 right now. You can open up Newegg and just look at GPU prices right now to see the immediate effect of these “supply constraints”, but it’s the “and beyond” that is concerning.
I’ve spoken to a couple of analysts over the last couple of months, and I’ve heard the same thing from them. Back when I spoke to Principal Analyst at Moor Insight and Strategy, Anshel Sag, he told me that he expects the memory shortage to extend into 2027 or 2028. From what Nvidia’s CFO is saying here, it’s starting to feel more likely that this is the reality we have to live with for the next year or so.
I’ve reached out to Nvidia…
