Nvidia says 47% of graphics card users upgrade to GeForce RTX

CTOnews.com August 24 news, Nvidia today released the latest results show that the game business revenue of $2.49 billion, an increase of 22% year-on-year, month-on-month growth of 11%, management believes that inventory and demand levels return to normal.

Colette Kress, Nvidia's chief financial officer, spoke on the earnings call. CTOnews.com translated as follows:

The GeForce RTX 40 Series for laptops and desktops has further driven the growth of the company's gaming business, with robust end-consumer demand and regular seasonal demand.

We believe that after last year's slowdown, global terminal demand has returned to growth and there are huge opportunities for upgrading.

In our end customer base, only 47% upgrade to GeForce RTX graphics cards, and only 20% upgrade to RTX 3060 and higher performance RTX GPU.

Crixus said that in the notebook sector, GeForce RTX 4060 GPU will take the lead, driving the rapid growth of the company's gaming business.

Crixus also said that notebooks with independent Nvidia RTX independent graphics cards are increasingly popular with consumers and have overtaken desktop GPU in some markets.

Crixus believes that mobile RTX graphics cards are in great demand during the back-to-school season and Christmas shopping season, and that they need to be stocked in advance and increase production capacity to meet consumer demand.