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
#StopOffending
BritneyNvidiaNvidia probably knows this, too. Its a deliberate pricing structure that suits the early adoption status of RTRT and keeps Pascal relevant.
One of the most telling figures you can find right now is 4K monitor adoption. I believe its still below 5%. Among TPU users I bet its easily around 30% or more.
So I wasn't really after stealing any limelight from anybody, especially you, but unfortunately I actually have to – since I was already saying this since weeks to month, but no-one believed me. Nah, just kidding!
I'm rather glad I'm not the only one who was seeing something like that is going to happen quite soon (or the intentions behind the whole schedule). At first I thought I was going mad or even insane but quite soon I realised how this is going to unfolg itself. That's by the way why nVidia postponed their high-end Volta for the consumer market in the last nick of time just hours before they were initially scheduled to release
TuringVolta for the masses on Hot chips 30 back then. I knew it that day something was coming since they already were sitting of huge stocks of GTX 10x0-cards.The whole thing actualy is indeed brilliant and pretty dirty though! The funny thing is, that the impacts (or non-existing improvements, however you want to see it from) nVidia had on Vulkan wouldn't have been there if they wouldn't have had dropped the hardware-scheduler they was already featuring on Kepler (?). They dropped it (and instead slammed just more execution units/shaders on the space now becoming available) to literally enforce the game-industry staying with DirectX 11 (since nVidia GPUs were faster in only that) rather than step up and build something for the future.
So they literally crippled their cards (for the future, like for Vulkan and DirectX 12) to gain any speed-improvement in current day's DirectX 11 – and this made made completely on purpose.
You have shown a good bit of insight that I can only agree with, but let's apply that here, too... ;) The trend has never changed: Nvidia optimizes around the market's (software) common denominator, and AMD optimizes around new or improved hardware features - the software is expected to follow and make use of it. Its no surprise that the latter is the more risky approach. Its simply a choice in how you develop hardware and its the way these two companies try to differentiate.
The irony: RTX is completely counter intuitive to all of that :D
that being said... im doing 7nm amd cpu and gpu in late 2019 and not caring anymore for 5+ years.
The joys of the stock market.
Not enhancing performance for new titles is not gimping, its being put on long term support. Not optimizing != crippling. Same thing AMD did with every generation up to GCN, and same thing nvidia has done every single generation going back to the geforce 256 days.
If you guys want never ending driver updates, perhaps you shouldnt be complaining about a $1200 price tag.