Nvidia CEO Jen-Hsun Huang has formally acknowledged that the corporate has depleted its inventory of high-end GeForce GTX 10-series GPUs, with provides for the remainder of the road set to dry up quickly. That signifies that worldwide provide of latest GeForce GTX 10-series graphics playing cards will start to dry up within the very close to future, leaving solely the way more costly new GeForce RTX 20-series. As a result of greater costs of Nvidia’s newest era of graphics playing cards and the relative lack of assist for his or her headlining RTX ray tracing options, many consumers who’re nonetheless within the earlier era would possibly quickly be upset.

In a press Q&A session attended by VentureBeat, Huang is quoted as having acknowledged that the issue of excess inventory as a result of end of the cryptocurrency mining bubble is now virtually fully resolved. Nvidia didn’t ship any new items into the marketplace for one quarter, and has now depleted reserves of the GeForce GTX 1080 Ti, GeForce GTX 1080, GeForce GTX 1070 Ti, and GeForce GTX 1070, with shares of the GeForce GTX 1060 set to expire in a couple of weeks’ time. It isn’t clear whether or not Huang was ruling out future manufacturing of latest items of those GPUs, however it might be unlikely.

Which means high-end and mid-range GeForce GTX 10-series playing cards will quickly disappear from retail, leaving clients with solely the higher priced GeForce RTX 20-series models and AMD’s Radeon lineup to select from. Nvidia’s online store for India lists the brand new GeForce RTX 2070 Founders Version card for Rs. 52,500, whereas the GeForce GTX 1070 prices Rs. 35,800. The highest-end GeForce RTX 2080 Ti is priced at Rs. 1,05,000 versus Rs. 662,600 for the GeForce 1080 Ti.

On the Q&A session, Huang additionally acknowledged and agreed with criticism of the launch of the GeForce RTX 20-series, as a result of the corporate began with solely high-end, high-priced fashions. He stated that the new GeForce RTX 2060, introduced at CES 2019, is the reply to consumers’ frustrations.

Clients in lots of elements of the world would possibly nonetheless be capable to buy second-hand graphics playing cards via on-line and offline marketplaces as former cryptocurrency miners attempt to offload their {hardware}.

Nonetheless, rumours continue to swirl that Nvidia is getting ready to launch no less than one new GPU underneath its GeForce GTX model which might be primarily based on the same Turing architecture because the GeForce RTX 20-series, however would lack the built-in ray tracing {hardware} with the intention to be bought at extra aggressive costs. This might line up with older rumours of a Turing-based GeForce 11-series, and would additionally considerably make up for the disappearance of the 10-series.

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