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Nvidia rumour to be launching new GTX 11 series without ray tracing

You should probably read the investors letter if you want to see how well they are covering up the bad performance.

https://nvidianews.nvidia.com/internal_redirect/cms.ipressroom.com.s3.amazonaws.com/219/files/20190/letter to shareholders-fd.pdf

They have not given an outlook for the following quarter, but I expect it to be significantly worse than they hoped.

They do certainly appear to be trying to minimise poor sales of RTX units, although they acknowledge high prices are an issue albeit launch prices they claim were higher than MSRP (unsure if this is true in the UK let alone worldwide). Hopefully it will spur them into producing something more affordable.
 
3 Reasons Gamers Aren't Buying NVIDIA’s Newest GPUs

https://www.fool.com/investing/2019/01/31/3-reasons-gamers-arent-buying-nvidias-newest-gpus.aspx

1. The world's top PC games don't require powerful GPUs
2. Gamers are postponing their upgrades
3. A lack of killer features


Odd that they don't find the RRP of these cards to be an issue, but it does seem to be case that a lack of games with RTX and no real need for users to buy more powerful cards could certainly be additional reasons.
Hopefully these kind of analytical reports will push nVidia into expanding its 11/16xx range higher up as the thread suggests ?
 
It's all about price. Drop each card £100 and they'll fly off the shelves.

nVidia appear to have a longstanding policy of not reducing GPU prices, but instead bundling them with other items for a discount price. This is why I think the only realistic alternative is a conventional line of new GPUs with the 116 core but without the DLSS and ray tracing. If they sold a 2080Ti equivalent at £800 I expect it would fly off the shelves.
 
https://www.extremetech.com/gaming/...estimated-crypto-exposure-overpriced-rtx-gpus

It would seem that nVidia has been producing any midrange GPUs for some time now because of the glut it built up because it misread the crypto boom. It would also appear that they have not cleared that backlog hence the wait for the new cards, but there is also another accusation that nVidia overpriced the RTX range because it didn't read the crypto market correctly and thought post price gouging that these super high prices would fly. It seems it was a disastrous error on their part.

"Nvidia has already acknowledged that uptake for its new RTX GPU family has not been as strong as the company anticipated. In its earnings warning last week, the company informed investors that it expected revenue to be ~500M lower than previously communicated."

"Companies like AMD, Intel, and Nvidia model demand carefully. Stronger-than-expected demand across an entire product line can indicate that the GPUs in question are priced systemically too low. The implication of this scenario is that consumers were willing to pay more for GPUs than Nvidia actually charged them. This is known as a producer surplus.

Under this assumption, Nvidia was taking the economically prudent course of action. I don’t mean to imply that there were no technological reasons for the company to raise prices — its GPU dies were larger with Turing and GDDR6 is still more expensive than GDDR5. But Turing GPUs are more expensive, relative to Pascal, than what would expect if Nvidia were simply passing along costs. Nvidia may have believed that it had excellent reason to raise GPU prices whether AMD had competitive cards in-market or not."

I don't believe nVidia can drop the prices of the RTX cards, but what it can do to soften the blow of its falling profits and stock values is to produce a range of GTX cards without the ray tracing or DLSS which will likely sell in volume saving face and proping up revenue. RTX would remain as a flagship product for those prepared to pay its high cost. We will see mid month the new 1660 cards and I believe a 1670 will follow and perhaps a 1680 too.
 
And in one swift stroke Nvidia render RTX utterly pointless, waste their R&D investment and expose their own greed. It's not going to happen.

No I don't believe that at all, there are hardly any games out there for RTX or DLSS although more are coming. Many comentators have suggested a second generation of RTX will be better, and that nVidia jumped the gun launching the RTX range when they did. It would not be rendering RTX pointless for those who wish to play those few games with ray tracing, and to some extent future proof a little.

As we have seen today though, if nVidia doesn't do something soon, more major share holders will pull their investments as they are already begining to. They have to do something to prop up the share price, RTX isn't selling, and they can't drop the price, they're between a rock and a hard place, and there are precious few solutions available. A new GTX range is one of those least unpalatable options.
 
https://www.theregister.co.uk/2019/...inventory_pileup_at_nvidia_sales_slaughtered/

Yesterday nVidia acknowledged publicly that their higher end cards are too expensive and people are not buying them, and this was nVidia CFO (chief financial officer) Colette Kress.

"sales of the high-end next-gen architecture, the GeForce RTX 2080 and 2070, came in lower than planned. The products "deliver a revolutionary leap in performance and innovation with real-time ray tracing and AI but some customers may have delayed their purchase while waiting for lower price points or further demonstrations of the RTX technology and actual gains."

There is no way around this for nVidia, because they cannot lower the prices of the cards without a major U turn in marketing policy and they cannot force the release of games with ray tracing to demostrate the technology and create demand. The only real option open to them is to release a product line without the RTX like the 1660 which allows customers to make the choice whether they want to buy into RTX or not. If they fail to release these cards, it is very likely that the Radeon VII is going to take a lot more market share than nVidia might want it to.
 
You have to hand it to nVidia they have very skillfully manipulated people into paying ever more and thinking its good value.

GTX 970, 3.5GB: £270
GTX 1070, 8GB: £380
RTX 2070, 8GB: £470

No one questions it, in fact i have seen people argue that the 2070 is great vale at nearly £500, they never explain why tho, perhaps its because its nearly as fast as a previous generation card at not much more money?

I'm going to make a prediction, or two.

RTX 3070: £560
RTX 4070: £650

The thing is that after the Q4 statement yesterday, they simply haven't persuaded anywhere near enough people to pay these prices.
 
Jensen now admitting the poor sales of the RTX cards is because of high prices:

"
Nvidia's gaming unit took the biggest hit with revenues sinking 45 per cent year-on-year, which the company blamed on "weakness in gaming GPUs and a decline in shipments of SoC modules for gaming platforms."

The firm admitted that sales of its Turing RTX 2070 and 2080 graphics cards came in below company expectations, which Nvidia CEO Jensen Huang said could be due to the GPU's high-end prices; lower-priced cards based on the new flagship architecture didn't arrive on shelves until months later. "

https://www.theinquirer.net/inquire...-turing-gpu-sales-failed-to-meet-expectations

They now have a conventional GPU against an RTX unit, so what's to stop a 1670 next if the 1660 sells well? It's one thing undercutting their own tech, but needs must when the devil drives.
 
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