Nvidia Shares Surge 3.13% as Anticipation Builds for RTX 50 Series Launch
1min read On October 16, Nvidia shares rose by 3.13%, signaling market optimism. This surge follows reports that the RTX 4090/4090D series was discontinued in September, clearing the way for the forthcoming RTX 50 series. Nvidia plans to work with AIC partners to deplete existing inventory to pave the way for these new GPUs.
The industry expects Nvidia to unveil the RTX 50 series at CES 2025, with the RTX 5090 and RTX 5080 being the initial flagship releases. Reports indicate that these models will launch in January, followed by releases of the RTX 5070 and RTX 5060 series throughout the first quarter of 2025. This strategy seems designed to capture both high-end and mainstream markets with a comprehensive product line.
Speculation around the RTX 5070 suggests enhancements, including a GB205 core with up to 6400 CUDA cores and support for high refresh rates. However, these specifications remain unofficial, as Nvidia has not confirmed any details publicly. Nonetheless, if these rumors hold true, enthusiasts can anticipate significant performance improvements over previous models.
In the tech world, there’s a palpable excitement as Nvidia continues to innovate and expand its product offerings. The company is clearly positioning itself ahead of potential shifts in consumer needs and technological advancements, striving to maintain its competitive edge in the GPU market.
As the world anticipates the first quarter of 2025, all eyes are on Nvidia. The tech giant's future releases promise to set new standards for performance and might further solidify its leadership in the industry. For those considering new purchases, the upcoming RTX 50 series could offer compelling reasons to wait before upgrading.
