During its earnings telephone for Q2 FY2023, NVIDIA's CEO confirmed that their next-generation GPUs, the GeForce RTX 40 series, are coming existent soon.
NVIDIA CEO On Next-Gen GeForce RTX 40 GPUs Launch: "We bash person breathtaking caller next-generation coming", Announcement successful September?
NVIDIA's 2nd 4th this twelvemonth has been brutal, with gaming gross dropping down to 44% sequentially & 33% annually. You tin work the afloat earning study by our Finance squad here but what we are going to speech astir is the information that NVIDIA's CEO, Jensen Huang, has confirmed that their next-generation GPUs are inbound.
NVIDIA confirmed that its price accommodation connected existing graphics cards came successful a bid to get escaped of excess inventory to marque country for the adjacent procreation of products. Jensen states that the next-generation graphics cards and the GPU architecture is going to beryllium truly breathtaking which you tin work from the connection provided below:
Our strategy is to trim the sell-in -- trim the sell-in this quarter, adjacent 4th to fto transmission inventory correct. Obviously, we’re disconnected the highs, and the macro information turned sharply worse. And so, our archetypal strategy is to trim sell-in successful the adjacent mates of quarters to close transmission inventory. We’ve besides instituted programs to terms presumption our existent products to hole for next-generation products.
Ampere is the astir fashionable GPU we’ve ever created. It is successful the apical 15 astir fashionable gaming GPUs connected Steam. And it remains the champion GPUs successful the world, and it volition beryllium precise palmy for immoderate time. However, we bash person breathtaking caller next-generation coming and it’s going to beryllium layered connected apical of that. And so, we’ve taken -- we’ve done 2 things. We’ve reduced sell-in to fto transmission inventory close and we’ve implemented programs with our partners to terms presumption the products successful the transmission successful mentation for our adjacent generation.
All of this we expect were moving towards a way to being successful a bully signifier going into adjacent year. Oka? So, that’s what our crippled program is.
NVIDIA CEO - Jensen Huang (Q2 2023 Earnings Call)
What's much important is the information that Jensen besides gave america a hint that we tin perceive much astir the next-generation gaming GPU architecture by next period astatine GTC 2022. The adjacent iteration of NVIDIA GTC is going to instrumentality spot connected 19th September and past till 22nd September portion the CEO keynote is expected to instrumentality spot connected 20th September.
In Gaming, our partners and ecosystem are responding to a abrupt slowdown successful user request and correcting transmission inventory. Still, the fundamentals of gaming are strong. We’ll get done this implicit the adjacent fewer months and spell into adjacent twelvemonth with our caller architecture. I look guardant to telling you much astir it astatine GTC adjacent month.
I look guardant to adjacent month’s GTC conference, wherever we volition stock caller advances of RTX reinventing 3D graphics and gaming.
NVIDIA CEO - Jensen Huang (Q2 2023 Earnings Call)
So it looks similar we are much oregon little going to get an authoritative to unveil adjacent period successful September. This volition decidedly not beryllium a motorboat lawsuit for the next-generation GeForce RTX 40 bid lineup but much truthful an announcement/unveil. We decidedly look guardant to what NVIDIA has successful store for the gaming community.