Anyone having a problem getting a new graphics card, car, household appliance, or any other modern piece of tech won’t have much better luck any time soon. Speaking to Yahoo Finance, CEO Jensen Huang signaled that he expects the chip shortage to last well through 2022.

“I think that through the next year,” Huang said, “demand is going to far exceed supply. We don’t have any magic bullets in navigating the supply chain.” Supply chain bottlenecks, from a lack of components used in creating products, like semiconductors and microchips, to staff shortages at ports, have impacted economies around the world. The ongoing chip shortage began at the start of the pandemic, and so far, the situation hasn’t changed.

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