If you've followed the graphics expert NVIDIA (NASDAQ: NVDA) you know for sure that the company provided a financial forecast as badly lost analyst and investor expectations. Running the worse than expected forecast was that distribution channels were filled with the company's medium-sized GTX 1060 graphics card, so much so that the company decided to stop selling these cards to distribution channels altogether.
As NVIDIA's CEO Jensen Huang had previously suggested, the company has been working on a successor to the GTX 1060 based on its new Turing graphics architecture, known as the RTX 2060. Thanks to a new set of VideoCardz leaks, it is generally reliable about the RTX 2060. Let's look at the details and why investors should care.
19659006] Prices and Performance
You can go to VideoCardz for more detailed performance data, but the bottom line is that the RTX 2060 should be significantly more powerful than the GTX 1060. In fact, the site claims that, according to NVIDIA's proofreader for the RTX 2060, it will deliver performance in line with the company's older, higher than GTX 1070 Ti. The RTX 2060 also features features that older GTX 1070 Ti lacks, such as hardware-accelerated beam tracking support.
Overall, it packs a pretty big jump in performance.
VideoCardz also claims that the RTX 2060 will cost $ 349, and that this price applies to both NVIDIA's own Founders Edition cards, and acts as an MSRP for the cards based on the RTX 2060 processor produced by the company's add-in card partners. .
Another way of thinking is that NVIDIA essentially replaces the older GTX 1070 Ti with a cheaper part that performs roughly the same in today's game while adding new capabilities that may be useful in tomorrow's. Looking from that lens, the RTX 2060 looks like it should be a winner.
RTX 2060 to be launched soon
Finally, according to VideoCardz, RTX 2060 is set to be announced January 7, followed by availability on January 15.
Although some might question whether it is wise for NVIDIA to start the RTX 2060 in early January, when management said it could take a quarter or two for channel content levels in the older GTX 1060 to burn off, pricing and positioning should of the RTX 2060 does not interfere too much with the company's efforts to clear the channel of the GTX 1060 parts.
In fact, while the RTX 2060 has a model number indicating that it is a successor to the GTX 1060, remember that the RTX 2060 is set to be offered at a meaningfully higher price point than the GTX 1060. That should mean customers with budgets Who will be around $ 200 to $ 250, will not buy the RTX 2060 – GTX 1060 will be their best alternative from NVIDIA.
Another thing to keep in mind is that if the RTX 2060 sells for around $ 350, then retailers, who may have been reluctant to drop far too much on the GTX 1060, will be forced to keep prices on the GTX 1060 low to keep them moving.
Ashraf Eassa has no position in any of the aforementioned shares. Motley Fool owns shares and recommends Nvidia. Motley Fool has an information policy.