Nvidia is currently struggling with serious financial declines. The head of Nvidia, Jensen Huang, pointed out September for the next generation GeForce RTX 40 series graphics cards in the presentation where the company announced its financial results and future moves.
On the other hand, Nvidia’s second quarter results were pretty bad this year. The company experienced a 33% decline in game revenues on an annual basis and a 44 percent decrease in the quarter. You can look at Nvidia’s second quarter financial results for 2022 from this news, but what we will talk about here is when the company’s next generation graphics cards will arrive.
GeForce RTX 40 architecture to be announced at GTC 2022
Jensen Huang, in his statement, confirmed that the reason for the price adjustments they applied on existing graphics cards was that they wanted to make room for new generation cards and get rid of inventory. However, Huang said that more details will be shared about the RTX 40 series at the GTC 2022, which will be held next month.
The Nvidia GTC 2022 event will run from September 19 to September 22, and the CEO is expected to deliver his keynote on September 20. It should be noted, however, that this is not the launch date for the GeForce RTX 40 series. We will probably see the announcement of the new generation and the sharing of architectural details at the event. Within the scope of the event, the RTX 40 architecture will most likely be compared with the RTX 30 architecture. It seems that we will understand more or less what we should expect from the new generation cards at this event.
Nvidia starts production of RTX 4090 with 24GB memory
However, the top model of the GeForce RTX 40 family, the RTX 4090, is expected to enter the market with 24 GB of memory and 384-bit data. The competition in the graphics card market is expected to be more intense in the future. Because it is reported that Intel’s Arc series graphics cards will be ambitious in the next generation, if not in this generation. It is reported that AMD will continue to compete closely with Nvidia.