Thursday, September 20th 2018
NVIDIA Stock Falls 2.1% After Turing GPU Reviews Fail to Impress Morgan Stanley
NVIDIA's embargo on their Turing-based RTX 2080 and RTX 2080 Ti ended Wednesday, September 19 and it appears that enthusiasts were not the only ones left wanting more from these graphics cards. In particular, Morgan Stanley analyst Joseph Moore shared a note today (Thursday, September 20) with company clients saying "As review embargos broke for the new gaming products, performance improvements in older games is not the leap we had initially hoped for. Performance boost on older games that do not incorporate advanced features is somewhat below our initial expectations, and review recommendations are mixed given higher price points." The NVIDIA Corporation share value on the NASDAQ exchange had closed at $271.98 (USD) Wednesday and immediately tumbled down to a low of $264.10 opening today before recovering to close at $266.28, down 2.1% over the previous closure.
The Morgan Stanley report further mentioned that "We are surprised that the 2080 is only slightly better than the 1080ti, which has been available for over a year and is slightly less expensive. With higher clock speeds, higher core count, and 40% higher memory bandwidth, we had expected a bigger boost." Accordingly, the market analyst expects a slower adoption of these new GPUs as well as no expectation of "much upside" from NVIDIA's gaming business unit for the next two quarters. Despite all this, Morgan Stanley remains bullish on NVIDIA and expects a $273 price point in the long term.
Source:
CNBC
The Morgan Stanley report further mentioned that "We are surprised that the 2080 is only slightly better than the 1080ti, which has been available for over a year and is slightly less expensive. With higher clock speeds, higher core count, and 40% higher memory bandwidth, we had expected a bigger boost." Accordingly, the market analyst expects a slower adoption of these new GPUs as well as no expectation of "much upside" from NVIDIA's gaming business unit for the next two quarters. Despite all this, Morgan Stanley remains bullish on NVIDIA and expects a $273 price point in the long term.
96 Comments on NVIDIA Stock Falls 2.1% After Turing GPU Reviews Fail to Impress Morgan Stanley
Its a bit like trying to have sex with your wife except your wife doesn't exist so youre left with your right hand to pick up the slack till one does come along.
There is no promise that Ray Tracing will be picked up by the entire industry and there is currently no games available to benchmark how Ray Tracing performs.
Of course people are bound to be sceptical about the whole thing. It might sound great on paper but remain as useless as the paper it was written on.
They probably just want to clear the 10 series inventory
The cards are pretty powerful as it is.Pretty much
Don't buy nVidia by buying nVidia. :laugh:
So in the end it doesn't really matter for Huang.
Either pay for overprice GPU, or help clear out old stocks of 2-year old cards that are still over MSRP.
Meanwhile, plenty of cheap RX 470 to RX 580 AMD cards and GTX 1070's out there for sale. I was actually shocked at some of the prices I saw 1070's going for on ebay.
I didn't have the money at the time, so I had to watch a nice Sapphire RX 570 go off auction at 87 bucks the other day.
That's pain...:).
Best,
Liquid Cool
I doubt it, the cards performance pretty much matches the specs of the cards in terms of Cuda Cores / TMU / ROPs and clock speeds etc.
Recent gens of nVidia cards tends to be close to maxed-out out of the box anyway, unless there are some games that have serious bugs you won't see more than a single digit performance inceasre.
At best they can do is to screw over the old cards performance :roll:
I don't think we're ready for RTRT yet. nVidia is huge and they put their best foot forward, but the product failed to impress while also being abhorrently expensive. We need a significant performance uplift to even try.
Irony is, it won't be the first time they'll do that too...
after all the old cards sell off within like 6 months.. & if at all navi 7nm launches..
people will be rushing to buy gtx 1080 ti & 1080 thinking that rtx is a bad deal.
They can reduce the price like after many months when competition kicks in..until then
they can reduce the price of rtx 2080 ti to $799 and rtx 2080 to $599.
its a win-win situation for them.
Nvidia is clearly in the lead no matter who says.. if not.
Very clever nvidia..very clever
Dead GTX970 at €40 with three days left.:shadedshu: