NVIDIA GeForce RTX 40 Gaming GPUs Revenue Ramping 40% Faster Than Ampere, Majority Still Without RTX

wccftech.com:

NVIDIA has revealed that its GeForce installed base saw continued growth and the latest RTX 40 GPUs revenue ramped 40% faster than Ampere.

During the Bank of America Global Technology Conference, NVIDIA"s SVP of Gaming, Jeff Fisher, sat down to discuss the state of the GeForce gaming segment & what we can expect in the years ahead of us. Jeff states that NVIDIA saw a 20% CAGR annual growth rate for the GeForce segment through FY23. The cards such as the GeForce RTX 4070 and RTX 4070 Ti which start at $699 US have seen 40 percent faster revenue ramp compared to their Ampere predecessors. Not only that but new game streamers, content creators and gamers themselves are buying a higher class of GPU which reflects the recent ASP lift.

And last, I wanted to share with you a bit about our Ada ramp. As you guys know, we have -- we launch our products, our new generations from the top down, starting at the top. And for reasons you're also aware of, Ada has taken us a little longer to move down the stack than typical generation. So for this reason, we've got a fair amount of history on the 699 up class of Ada, this is our 40-70 tie and up. And Ada from -- in terms of the revenue generated is ramping much faster, 3x that uttering and about 40% faster than Ampere. We're super pleased with the Ada ramp to date.

NVIDIA SVP, Jeff Fisher (Bank of America Global Technology Conference)

NVIDIA also presented a visual representation of the whole PC Gaming & GeForce RTX ecosystem. The NVIDIA GeForce GPU saw a 1.4x sell-through rate during FY23 & the GeForce Gaming revenue saw a climb of $8.4 Billion in FY23 compared to $4.8 Billion in FY20. The 3-year CAGR had a 10% ASP uplift and 9% units shipped on average.

I shared with you how the 4070 tie