The gpus turing have sold 45% more than pascal at launch
Table of contents:
- NVIDIA claims its Turing (RTX) graphics cards are selling at a good pace
- 90% of NVIDIA users have a GPU that performs less than the GTX 1660 Ti
NVIDIA recently celebrated its investor day and one of the most interesting statements from the event was the fact that the company sold many more Turing (RTX) GPUs than Pascal (GTX) in the first 8 weeks of revenue.
NVIDIA claims its Turing (RTX) graphics cards are selling at a good pace
The disclosure of this metric is undoubtedly intended to restore investor confidence in the company and considering that they have had a rather bad quarter, it makes perfect sense.
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Pascal was released almost three years ago, in 2016, during the month of May. It turned out to be a truly revolutionary and most successful architecture in NVIDIA history. He exceeded expectations in every way and was able to reign supreme quickly. Turing was supposed to outperform its predecessor, but until now, its launch has been tarnished, especially by the fall of cryptocurrencies.
But if NVIDIA's statistics are to be believed, Turing's GPUs are doing better than Pascal's, at least in their infancy. Essentially, NVIDIA is trying to say that by removing the impact crypto has had on the market, Turing is getting almost 45% better than Pascal's result. Recall that the mining boom began back in 2017, which caused sales of graphics cards to rise.
90% of NVIDIA users have a GPU that performs less than the GTX 1660 Ti
Another important quote the company left us was the fact that 90% of its user base is currently below the performance level of the GTX 1660 Ti. This essentially means that NVIDIA is positioning the GTX 1660 Ti as the daily bread of its gaming lineup and plans to take advantage of this install base for users to upgrade their graphics cards to this model or something higher, like the RTX 2060.
NVIDIA has also claimed that most of its users are buying higher, which is a natural part of their commodity buying habits. As users' disposable income increases over time, they can spend more and more on 'luxury' products like a high-end graphics card.
The market seems to be thinking in the same vein as well as at the time of writing this article its shares are up about 4%.
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