After the Nvidia keynote at Computex 2018, in the post conference press call, Nvidia's CEO said that PC enthusiasts would have to wait "a long time from now" until new GeForce cards launch. A few days earlier we had noted that Nvidia had scheduled a Next Gen Mainstream GPU talk for August, at the Hot Chips Symposium. The two news stories, linked immediately above, didn't seem to gel, as August isn't that far away.
With regard to the Hot Chips presentation it is interesting to see that the scheduled talk from Nvidia has now been removed. Instead, if you head over to the conference schedule page, and select the Day 1 tab, and scroll down to the 11.30am slot - you will find that there is now a talk from Srinivas Chennupaty of Intel. It is still a graphics talk but concerning 'Intel's High Performance Graphics solutions in thin and light mobile form factors'.
A new report from SemiAccurate (paywall), via Fudzilla, might cast some light on the above wriggling around of Nvidia's schedules. Apparently Nvidia was simply too ambitious in its prospects for GPU sales. It was banking on pent-up gaming demand and the continuation of the cryptocurrency mining on GPUs trend. Unfortunately for the green team, both of these things seem to have dropped away.
According to the SemiAccurate report, Nvidia has been forced to take back 300,000 GPUs from one of the 'top 3' Taiwanese OEMs. That leads one to think about what might happen with the other OEMs. Elsewhere in the report it says Nvidia has been aggressively buying GDDR5 because it has an excess stock of lower-end GPUs that need to be made into boards.
In May, Nvidia boasted how its revenue was up two thirds on record data centre business and strong video gaming card sales. It will be very interesting to see the next set of quarterly results which could include the impact of the reported stock returns, and more.