11.18.2022

NVIDIA says huge demand for RTX 4090 and RTX 4080 - the company is preparing many new GeForce RTX 40-series products

NVIDIA says huge demand for RTX 4090 and RTX 4080 - the company is preparing many new GeForce RTX 40-series products

CFO Colette Kress took the opening remarks at the quarterly reporting conference NVIDIA called the past stages of debut of graphics cards with GPUs based on Ada Lovelace architecture extremely successful.
GeForce RTX 4090 has been sold out in many markets since mid-October, the GeForce RTX 4080 is already on sale, and in general, NVIDIA is ready to offer \"many new products\" with this gaming architecture.Image source: NVIDIAThe last promise was made by the founder and permanent head of NVIDIA Jensen Huang (Jensen Huang).
He stressed that now Ada Lovelace architecture carriers are positioned in the upper price segment.
GeForce RTX 4090 graphics cards were released in large quantities, but this did not prevent customers from buying out their first batch in just minutes, as stated by the CEO of NVIDIA.
The market, he said, has received both the GeForce RTX 4090 and GeForce RTX 4080 very favorably, and therefore management is very enthusiastic about this debut.
In addition, it proves the strength, resilience and transparency of the gaming segment of the market, as summarized by the company's founder.In the third quarter of the current fiscal year, as explained by NVIDIA management in response to a related question from analysts at the quarterly event, the value equivalent of product inventory increased by $560 million sequentially.According to the company's CFO, this increase was only partly due to the need to accumulate a certain inventory of new architecture media: Ada Lovelace in the gaming segment and Hopper in c The networking segment, which is chiefly served by Mellanox products, also had a significant impact on the stock growth.
The company had to write off $702 mn of stocks, but the bulk of these losses were accounted for by A100 computing gas pedals.
Recall, the latter were intended for use in server systems by Chinese customers, but in the third quarter, after the new U.S.
sanctions the company hastily offered them a replacement in the form of a chip A800, whose performance is limited at the hardware level, and therefore avoids the U.S.
sanctions.
As a result, demand from Chinese customers switched to new \"alternative solutions\" and part of the stock of old A100s had to be written off.
As noted by NVIDIA executives at the quarterly event, the negative impact of sanctions in the third quarter was largely offset by the introduction of gas pedals A800 to the Chinese market, clearly adapted to the new U.S.
export control requirements.

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