Price cuts and exciting reveals are coming, says Nvidia CEO | Digital Trends

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Price cuts and exciting reveals are coming, says Nvidia CEO | Digital Trends
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Nvidia CEO Jensen Huang just spoke about the company's status and plans during an earnings call. It seems that exciting RTX4000 news are on the horizon.

It’s good news all around for Nvidia enthusiasts today, because Nvidia CEO Jensen Huang has teased some exciting updates that are just around the corner.

We’ve come a long way from the dark depths of the GPU shortage. Graphics cards are currently in abundance, and now, the CEO of Nvidia has confirmed this himself during the company’s earnings call for the second quarter of 2022. Huang explained that the company now faces a tough task: reducing the oversupply of current-gen RTX 3000-series graphics cards before it moves on to the next generation.

According to Huang, Nvidia is working with its partners to improve the pricing of these GPUs. However, he didn’t elaborate on what kind of price cuts we can expect, or which parts of the world are going to see a change. So far, the U.S. market has seen some discounts on the best GPUs, but that trend has been slow to spread throughout the rest of the globe.

The Nvidia CEO also noted that Ampere has been the most popular GPU the company has ever created. Because of that, Nvidia expects it to remain successful for quite some time, and rightfully so. If the company can successfully carry out price cuts, many users will still continue buying RTX 3000-series GPUs instead of spending what will likely be a huge amount of money on RTX 4000-series GPUs.

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