NVIDIA CEO Jen-Hsun Huang acknowledges QXNUMX data has been "a real hit to the stomach"
Yesterday, NVIDIA released its fourth-quarter 2018 earnings. The company reported lower-than-expected revenue, which led to a substantial drop in its stock price. NVIDIA is currently facing two problems: an excess of Pascal GPUs that it is unable to sell and the high price of its Turing GPUs. These two factors, combined with the inability to lower the price of Turing GPUs due to potential price conflicts with Pascal , have negatively impacted sales.
Jen-Hsun Huang: "it was a real blow to the stomach"
During the presentation of the accounts, the CEO of NVIDIA, Jen-Hsun Huang has acknowledged that the results of the fourth quarter "have been a real blow to the stomach." It is due, among other things, that the sale of graphics cards based on the Turing architecture has been lower than expected.
"These products provide a revolutionary leap in performance and innovation with real-time RayTracing and Artificial Intelligence, but some customers may have delayed their purchase while waiting for lower price points and more demonstrations of RTX technology in real games." he said during the conference.
It's not just the price factor for these graphics cards that comes into play, but also the lack of RayTracing compatible games. Currently only Battlefield V is compatible with RayTracing. The next to arrive with compatibility with this technology will be Metro Exodus. Final Fantasy XV only has DLSS support. Therefore, it is a very poor cover letter that does not invite users to buy these new graphics.
The move to launch Turing a year ahead of schedule by skipping the Volta architecture, as it is being seen, has not been a great idea. Even the company has been forced to move the letter and develop at least two Turing charts without RayTracing to try to take flight.
