Technology Stocks

NVIDIA Corporation (NASDAQ:NVDA) Targets Price Sensitive Audiences With The Launch Of Mid Range GPU GeForce GTX 1660 Ti With No RTX Ray Tracing

The stock of NVIDIA Corporation (NASDAQ:NVDA) traded at $156.64 when the rumors about the launch of Mid Range GPU GeForce GTX 1660 Ti churns online. The stock closed at $154.26. It smartly recovered from a low of $131.60 on January 29, 2019.

The annual revenues of Nvidia are $11.716 billion (up 20.61%) for twelve months ending January 31, 2019. However, its revenues for the quarter ending January 31, 2019, are $2.205 billion, a drop of 24.25%.

Nvidia is targeting the price-sensitive customers with mid-range GPU GeForce GTX 1660 Ti. It plans to launch on February 22, 2019, at $279. The GPU features the same Turing architecture of GeForce RTX20 Series. But, it lacks the RTX ray tracing feature. A post on Reddit indicates the graphics card is available for GBP286.11 at an online store in the UK.

Features of GTX 1660

The new graphics card features back plate, one HDMI port, a triple fan cooler, 6GB DDDR6 RAM, and three display ports. It lacks USB type C port. The partners of Nvidia would launch the graphics card with 3GB RAM. The company could introduce variants of the GeForce GTX 1650 in the next couple of months. The GeForce GTX 1660 Ti is on par with GTX 1070. It is an excellent offering for gamers.

The 12th generation GPU 1660 Ti offers three times better performance when compared to GTX 960 and 1.5 times better than GTX 1060. It improves power performance. It provides 1.5 instructions in a clock cycle. It delivers the best performance of any GPU in the class in terms of power.

Best GPU for modern games

It is the best GPU to outperform in modern games. The gamers can experience 120 frames/second in online games like Apex Legends, PUBG, and Fortnite. It runs at 12Gbps with a boost clock of 1.8 GHz for enhanced performance. The latest GPU offers an economical upgrade and enjoy a thrilling gaming experience.

It allows taking breathtaking in-game photos. The GPU supports games like For Honor, Shadow of Tomb Raider, Battlefield V, Metro Exodus, and Star Wars. It has process technology for customizing games experience.

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