RTX 4060 boosts Nvidia despite reviews | ENBLE

RTX 4060 boosts Nvidia despite reviews | ENBLE

Nvidia’s Controversial RTX 4060 Family Fuels Gaming Revenue Surge

Nvidia RTX 4060 Ti Image source: Jacob Roach / ENBLE

Nvidia, the renowned graphics card manufacturer, may have faced some criticism recently regarding its graphics cards, but the financial picture tells a different story. Despite the mixed reviews, Nvidia’s controversial RTX 4060 family has contributed to a significant surge in gaming revenue.

In its second quarter earnings report for fiscal 2024, Nvidia revealed a staggering $13.51 billion in overall revenue. This marks an incredible 101% increase compared to the previous year, largely driven by the thriving field of artificial intelligence (AI). However, what is truly surprising is that Nvidia’s gaming revenue has also seen a substantial rise.

The company generated $2.49 billion in gaming revenue during the last quarter, proving that even amidst the ongoing GPU shortage, Nvidia is finding ways to cash in. While this falls short of Nvidia’s peak gaming revenue of $3.22 billion reported in November 2021, it is still an impressive feat. To put things into perspective, in the first quarter of fiscal 2022 (which corresponds to the second quarter of 2021), Nvidia reported $2.76 billion in gaming revenue.

Nvidia, along with competitors AMD and Intel, has encountered declining income from CPUs and GPUs due to the economic impact of the pandemic. However, Nvidia’s recent success in gaming revenue highlights their ability to recover financially. This rebound is especially commendable considering the underwhelming reception of their latest GPU offerings.

The RTX 4060 family of graphics cards, which Nvidia emphasized in its earnings press release, has not been without its fair share of controversy. At the forefront is the RTX 4060 Ti, which many reviewers have criticized as overpriced for its performance capability. Even our own review of the RTX 4060 Ti highlighted its lackluster value proposition. Furthermore, the 16GB variant of the RTX 4060 Ti caused even more debate due to its $500 price tag and limited performance gains over the base model in specific games.

While the RTX 4060 Ti has faced universal disappointment, the reception of the RTX 4060 has been more mixed. In our review, we describe it as “not a bad graphics card, but not a particularly good one either,” making it difficult to recommend when there are ample options available from the previous generation.

Despite these critiques, the RTX 4060 family seems to be making a substantial impact for Nvidia. The company has reported a 22% increase in gaming revenue compared to the previous year. Although this growth is notable, it still pales in comparison to the enormous success of Nvidia’s data center business, which generated $10.32 billion—a striking 171% increase from the previous year.

In conclusion, while Nvidia may have encountered a rough patch with its graphics card offerings and faced considerable challenges in the wake of the pandemic, they have managed to rebound with their controversial RTX 4060 family. This surge in gaming revenue, alongside their already flourishing AI business, demonstrates Nvidia’s resilience and adaptability in the highly competitive technology industry.