In their recent Q2 FY2023 earnings call, NVIDIA’s CEO discussed the next-gen GeForce RTX 40 series and mentioned the GPUs would be available pretty soon.
NVIDIA CEO Jensen Huang hinted that we could expect more information on the upcoming GeForce RTX 40 series by next month at GTC 2022.
The next NVIDIA GTC event is scheduled for 19th-22nd September. The CEO keynote will take place on the second day, i.e., September 20th.
In gaming, our partners and ecosystem are responding to a sudden slowdown in consumer demand and correcting channel inventory. Still, the fundamentals of gaming are strong. We’ll get through this over the next few months and go into next year with our new architecture. I look forward to telling you more about it at GTC next month… I look forward to next month’s GTC conference, where we will share new advances of RTX reinventing 3D graphics and gaming.
Jensen Huang
This official announcement will unveil the next-gen RTX 40 GPUs, while the actual launch date will be disclosed later.
NVIDIA’s second quarter stats are rough, with gaming revenue dropping to 44% sequentially & 33% annually.
The company confirmed that its price adjustment on existing, older graphics cards was a resort to clear the excess stock ahead of the upcoming GPUs. The basic strategy was to reduce the sell-in and correct the inventory in the next quarter.
With the RTX 40 series likely launching soon, the RTX 30 “Ampere” range will take a seat back, possibly facing a further decline in sales.
NVIDIA is expected to launch the RTX 4090 first, followed by RTX 4080 and RTX 4070.
About Nvidia
NVIDIA Corporation is an American multinational technology company incorporated in Delaware, based in Santa Clara, California. They design graphics processing units (GPUs) for the gaming and professional markets, as well as system on chip units (SoCs) for the mobile computing and automotive market.
Best known for the “GeForce” lines of GPUs, they are a direct competitor to AMD’s “Radeon” series. NVIDIA has also expanded its offerings with its handheld game consoles Shield Portable, Shield Tablet, and Shield Android TV and its cloud gaming service GeForce Now.
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