Wow, those "analysts" are idiots. Highly paid ones, at that.
"As review embargos broke for the new gaming products, performance improvements in older games is not the leap we had initially hoped for," Morgan Stanley analyst Joseph Moore said in a note to clients on Thursday. "Performance boost on older games that do not incorporate advanced features is somewhat below our initial expectations, and review recommendations are mixed given higher price points."
The RTX 2080 actually performs at the upper end of the range I predicted, based solely on the specs (
see my earlier post).
"We are surprised that the 2080 is only slightly better than the 1080ti, which has been available for over a year and is slightly less expensive," he said. "With higher clock speeds, higher core count, and 40% higher memory bandwidth, we had expected a bigger boost."
Now that's straight-up sloppy! The 40% figure is relative to the GTX 1080 - not the GTX 1080 Ti! It has only 92.5% of the Ti's bandwidth. And as I specified in my
earlier post, the raw compute performance of the RTX 2080 is also less than the GTX 1080 Ti's, offering just 84% of the former. Given these facts, that the RTX 2080 is faster,
at all, is actually rather impressive.
Despite the disappointment, Moore reiterated his overweight rating and $273 price target for Nvidia shares due to the company's strong long-term technology position.
Of course, since Nvidia is clearly focused on non-gaming growth areas, such as cloud/AI, robotics, and autonomous driving. So, even if gamers don't snap up RTX 2080's, I'm sure Nvidia will have no trouble selling their TU104 GPUs as Tesla T4's.