NVIDIA GTX 10-Series Inventory Almost Exhausted, says CEO Huang

spot_img

In a Q&A session with VentureBeat, NVIDIA CEO Jensen Huang revealed that all of GeForce GTX 10-series inventory that the company has is close to being completely exhausted. The top-end GPUs of the series like the GeForce GTX 1080 Ti, GTX 1080, GTX 1070 Ti, and GTX 1070 are already out of stock and the GTX 1060 is also expected to be sold out pretty soon.

NVIDIA reportedly had huge surplus inventories of GeForce GTX 10-series cards because of the crashing of the Cryptocurrency mining boom of last year. But since there was practically no competition from AMD and due to the high pricing of the recent Turing based RTX cards, the Pascal-based GTX 10-series card remained quite popular amongst the consumers and its sales were consistently good.

The problem NVIDIA is facing currently is the pricing issue on the Turing based RTX cards, they’re just too expensive right now for an average customer to consider it as an option. There have been rumors about NVIDIA working on a GeForce GTX 11-series of GPUs which will be based on the Turing architecture but without the RT cores leading to a lowered price. If the 11-series is actually launched and is priced properly, this could be a game changer for NVIDIA in the low-to-mid range segment.

Now with Pascal on the verge of extinction from the market, the options are pretty slim for the consumers. They can either go for a Turing based RTX GPU or wait for AMD’s Navi graphics card, which was expected to be announced at this year’s CES but nothing specific has been revealed yet. Instead, AMD launched its 7nm high-end Radeon VII at CES 2019, which could mean a further delay for the Navi.


FURTHER READING:


SOURCE : VentureBeat via Tom’s Hardware

Harshit Sharma
An avid football lover. A die-hard Barca fan. Love to read about all the tech and gadgets I can't afford (yet). A music enthusiast, with Coldplay being my favorite. A calm and peaceful person. I believe in taking everything as it comes and being happy with the simple things in life.

Leave a Reply

Latest posts

Samsung Galaxy Z Fold 3 and Galaxy Z Flip 3 Official Pricing Leaked Ahead of Galaxy Unpacked Event

The leaks and rumours surrounding Samsung's next foldables - Galaxy Z Flip 3 and Galaxy Z Fold 3, doesn't seem to come to a...

Battlegrounds Mobile India: Is the iOS Release in Jeopardy?

After an entire month of release on Android, there is still no news about Battlegrounds Mobile India on iOS. After a myriad of changes and...

US Researchers Transform a Paralyzed Man’s Brain Waves into Speech

Scientists have created a new device named BRAVO that aids in converting a paralyzed man's brain waves into speech through a process called “Neuroprosthesis”.
Advertisment

Loading Next Article