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Taipei City, Taiwan, Province Of China
CEO says it has experienced more demand than anticipated
Hardware firm wants to make sure it has enough stock to meet demand
Firm moves storefront following bots and resellers snapping up graphics cards
Twice as powerful and power-efficient as the original RTX cards
Company's games biz saw a 27 per cent increase in revenue year-on-year
Hardware boss comes in above Microsoft's Nadella, AMD head Su as well as the chiefs of Tencent, Ubisoft and Activision Blizzard
While games revenue saw a 27 per cent drop from 12 months ago
Excess of old stock in the retail channel following prior inflated demand
“The combination of post-crypto excess channel inventory and recent deteriorating end-market conditions drove a disappointing quarter"
CEO Huang bemoaned lack of GPU stock to meet demand in March 2018; now retail channel is so full of old cards, the firm isn't selling enough top-line models
The latest Titan GPU contains comparable technology to Nvidia's industrial workhorse cards
10-series cards to be bundled alongside a stash of V-bucks and exclusive items
"Our near-term results reflect excess channel inventory post the cryptocurrency boom, which will be corrected"
The new 20- series cards are the first to use Nvidia’s Turing architecture
Hardware firm removes this sector from its financial outlook
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