NVIDIA Stock Falls 2.1% After Turing GPU Reviews Fail to Impress Morgan Stanley

[ShurikN]

This makes me wonder, after sufficient "old stock" is cleared out, I bet Nvidia will come out with a driver update that will increase performance by atleast 25%.

After old stock clears out, Nvidia will come out with next gen cards on 7nm, with more rt cores, more tensor cores, less power, more clocks etc. And those will actually run RT stuff the way it was meant.

 

[Vya Domus]

After old stock clears out, Nvidia will come out with next gen cards on 7nm, with more rt cores, more tensor cores, less power, more clocks etc. And those will actually run RT stuff the way it was meant.

I will venture to say even the next generation won't offer a proper level of performance as far as ray tracing goes. I doubt Nvidia will miss out on the opportunity that 7nm entails to reduce die space and cost, they won't massively increase RT core count and end up with yet another mammoth die.

 

[Recus]

So wait, after constantly bashing Nvidia for not having proper DX12/Async/Vulkan support because nobody cares about DX11 now same people are angry because RTX 2080 not 30% faster than GTX 1080 Ti in old games?

 

[kastriot]

+1

 

[Bytales]

Ofcourse Performance is below expectations, while Price is even higher. Ist called milking the fools. Which is why i wont buy another Nvidia Product ever again. Unless they give me their Cards for free. I cant turn free computing Silicon, now can't I ?

 

[HD64G]

Comparing custom to custom models of 2080Ti and 1080Ti, performance results of @W1zzard reviews show that the difference is at 30% on average @4K. For a much more expensive GPU (about 70-80% higher price), it is a market failure even if it has much more features. Never before a new gen made such a decrease in vfm compared to the previous one. And the fact that nVidia didn't want to canibalise their Pascal products that are in big stock yet and decided to climb the price of RTX series so much higher it should be their problem only and the sensible customers should be far and away from this gen until they heavily drop in price. But, as always there are the rich or elitist customers and the fanboys that are milked as usual.

 

[StrayKAT]

Considering how over inflated their share price is this is nothing.



They do know what is good for them and it turns out it's not high-end consumer GPUs.

That was good for them.. but I think Nvidia left a possible opening for them with this.

 

[SIGSEGV]

or Nvidia will come out with a driver update that will decrease (for Pascal and older) performance by atleast 25%

damn, it reminds me of 900 gen fiasco! oh crap, we need AMD to counter this evil practice.
hello AMD??

 

[moproblems99]

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....
l

Yeah, consider having 6 580s sitting on your shelf doing nothing...

 

[blibba]

So now the question becomes, “Who didn’t see this coming” ?

The very fact that there was a stock market adjustment implies that nobody saw this coming - or certainly nobody with leverageable assets. Otherwise, they would have shorted the stock to the point where this did not impact its value.

Remember that market price adjustments can only ever be the result of novel information. This is why prices can sometimes go up after bad news - the market expected worse.

 

[Deleted member 177333]

Very glad to see this. Would love to see Nvidia's stock drop even further due to this release.

It's not that the 2000 series is "bad", it's imply bad for the pricing they're asking - performance is just completely unacceptable for the price premium they're asking. It's like releasing a toilet that flushes just a little better than the previous model, but marking up the price 70%. Just utterly ridiculous and I'm glad major businesses are taking notice and acting accordingly. Hope Turing sells like total $hit and forces a price drop into "acceptable" ranges.

 

[ppn]

Well GTX 280 dropped 650$ to 350$ 6 months later. 2080 is repeating 280. 576 mm² 1,400 MTr, now 545 mm² 13,600 Mtr, and even bigger Ti chip. So expect 300$ Off soon. Except 8GB GDDR6 on 2080 costs 200$ alone. Besides 2070 should be nearly as fast as 1080ti in new titles using async compute Int32 cores, even faster. Hell 2080ti is 2x faster than 1080ti in new tomb raider. Everybody is attacking nvida and why, they did an amazing job with this gen, that is how you know. Ppl just want it that badly.

 

[rtwjunkie]

You're able to establish another proprietary nVidia-only standard à la PhysX GameWorks, also just en passant
… since PhysX, then Tesselation, then HairWorks then G-Sync didn't really paid out for you as people look through your shitty attempt in dividing the market and tighten your closed ecosystem

It’s not proprietary. RTX is merely Nvidia’s rendition of ray-tracing, which is enabled in DX12 by MICROSOFT. Thus, anyone is free to develop on it.

 

[R-T-B]

2.1% is it? Expected a bigger drop.

Indeed, honestly, that's nothing.

It’s not proprietary. RTX is merely Nvidia’s rendition of ray-tracing, which is enabled in DX12 by MICROSOFT. Thus, anyone is free to develop on it.

True, but the machine learning bits that make it basically able to happen are pretty much NVIDIA's proprietary baby.

 

[DeathtoGnomes]

Indeed, honestly, that's nothing.

2.1% drop from $279 is a big chunk of change when it comes to the stock market.

 

[R-T-B]

2.1% drop from $279 is a big chunk of change when it comes to the stock market.

I guess I'm to used to crypto swings...

But seriously, given the dissapointing release, I don't see it as that huge.

 

[Xzibit]

It dropped another 1.06% today.

If it keeps dropping pass 5% it might be concerning.

 

[moproblems99]

I guess I'm to used to crypto swings...

But seriously, given the dissapointing release, I don't see it as that huge.

I thought it was disappointing initially but, actually, it is brilliant. They already have a stock pile of the previous generation that are as good, if not better, than the competition depending on use case. Now, they released a product that basically costs twice as much with a feature that you can't test and benchmark until long after people buy it. That feature, to top it off, is basically useless because no one plays at 1080 when they are the type that purchases top tier.

So, they will probably have a limited availability because the dies are so large and yields will be poor but they get to completely test the arch and RTX AND make a large profit doing it because they priced it so high. Meanwhile, everyone that doesn't want terrible value to go with high performance will buy all the stock of the previous generation greater than MSRP. Following that, 10n, or 7n, whatever they end up using will be ready and they can release this same product on the node shrink and gain even more performance without having to develop another arch. Plus, the enhancements they will get by switching nodes and some enhancements they learn from this beta test will allow the RTX tech to be useful when 3000 series can go.

They will get to sell out all their old stock without having to drop prices, sell all the 2000 series at insane prices, and beta test RTX all in one go.

 

[hat]

I thought it was disappointing initially but, actually, it is brilliant. They already have a stock pile of the previous generation that are as good, if not better, than the competition depending on use case. Now, they released a product that basically costs twice as much with a feature that you can't test and benchmark until long after people buy it. That feature, to top it off, is basically useless because no one plays at 1080 when they are the type that purchases top tier.

So, they will probably have a limited availability because the dies are so large and yields will be poor but they get to completely test the arch and RTX AND make a large profit doing it because they priced it so high. Meanwhile, everyone that doesn't want terrible value to go with high performance will buy all the stock of the previous generation greater than MSRP. Following that, 10n, or 7n, whatever they end up using will be ready and they can release this same product on the node shrink and gain even more performance without having to develop another arch. Plus, the enhancements they will get by switching nodes and some enhancements they learn from this beta test will allow the RTX tech to be useful when 3000 series can go.

They will get to sell out all their old stock without having to drop prices, sell all the 2000 series at insane prices, and beta test RTX all in one go.

If I could like this post 10 times I would. I was thinking the same thing, but you put it into words better than I...

 

[FYFI13]

Not sure who's Morgan Stanley, but I'm definitely skipping this gen. RTX looks cool on the pictures that Nvidia have posted but that's all we have right now.

 

[Minus Infinity]

Good news. 2 years wait for this overpriced product that's foisting tech on us that will barely be available in all but a few games even by the time the next gen cards are ready. AMD can make a lot of headway if they play their cards right with the 7nm Vega updates. I'll bet 1080 Ti sales go through the roof after this let down.

 

[Zubasa]

Well GTX 280 dropped 650$ to 350$ 6 months later. 2080 is repeating 280. 576 mm² 1,400 MTr, now 545 mm² 13,600 Mtr, and even bigger Ti chip. So expect 300$ Off soon. Except 8GB GDDR6 on 2080 costs 200$ alone. Besides 2070 should be nearly as fast as 1080ti in new titles using async compute Int32 cores, even faster. Hell 2080ti is 2x faster than 1080ti in new tomb raider. Everybody is attacking nvida and why, they did an amazing job with this gen, that is how you know. Ppl just want it that badly.

The problem with that, nVidia is charging that much because they can.
They have ZERO reason to lower prices right now.
Why would any company want to make less money when they can make more?

 

[Vayra86]

So wait, after constantly bashing Nvidia for not having proper DX12/Async/Vulkan support because nobody cares about DX11 now same people are angry because RTX 2080 not 30% faster than GTX 1080 Ti in old games?

As far as I recall it was only disgruntled AMD fans that bashed Nvidia for lacking async and telling us that it was such a great feature to have... while in real life the performance difference is zero. Similarly, the great advancement in draw calls AMD excelled at.... never seen translated into additional ingame performance except in AoTS. Realistically, DX12 adoption is still virtually non existant because even the games that do use it are either unstable or perform worse than the DX11 implementation.

The argument now is that 'but it was never native DX12 so ofc it doesn't get better'... sure thing. Let's stick with that for the coming year or two as an excuse

Meanwhile, even DX9 games still exist and they are no worse for it either. API is irrelevant. Only content and actual performance matters. And in that, RTX offers little to nothing new.

I thought it was disappointing initially but, actually, it is brilliant. They already have a stock pile of the previous generation that are as good, if not better, than the competition depending on use case. Now, they released a product that basically costs twice as much with a feature that you can't test and benchmark until long after people buy it. That feature, to top it off, is basically useless because no one plays at 1080 when they are the type that purchases top tier.

So, they will probably have a limited availability because the dies are so large and yields will be poor but they get to completely test the arch and RTX AND make a large profit doing it because they priced it so high. Meanwhile, everyone that doesn't want terrible value to go with high performance will buy all the stock of the previous generation greater than MSRP. Following that, 10n, or 7n, whatever they end up using will be ready and they can release this same product on the node shrink and gain even more performance without having to develop another arch. Plus, the enhancements they will get by switching nodes and some enhancements they learn from this beta test will allow the RTX tech to be useful when 3000 series can go.

They will get to sell out all their old stock without having to drop prices, sell all the 2000 series at insane prices, and beta test RTX all in one go.

Correct, its brilliant for Nvidia, and for consumers its practically standing still for 3-4 years. For longer term, I do agree with you, I guess we'll take anything for granted though because what other options do we have?

 

[FordGT90Concept]

As far as I recall it was only disgruntled AMD fans that bashed Nvidia for lacking async and telling us that it was such a great feature to have... while in real life the performance difference is zero.

ReLive. Doesn't matter the game, the impact on fps is negligble (<4%). Amazing considering how much of a burden HEVC/AVC encoding is.

 

[Vayra86]

ReLive. Doesn't matter the game, the impact on fps is negligble (<4%). Amazing considering how much of a burden HEVC/AVC encoding is.

Ive never heard Shadowplay being oarticularly heavy on FPS either though.