Nvidia to Pack Its New Mid-Range RTX 4070 Gaming Chip With AI Features to Improve Graphical Performance

Nvidia will start shipping the new RTX 4070 chip on Thursday.

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By Reuters | Updated: 13 April 2023 17:08 IST
Highlights
  • The RTX 4070 will cost $599
  • RTX 3060 is the fourth most popular gaming chip on the market
  • The 4070 chips will be the cheapest available with AI technology

Nvidia’s chips for training AI systems like ChatGPT have powered the company's revenue growth

Photo Credit: Reuters

Nvidia said on Wednesday it is packing one of its mid-range chips for gamers with more artificial intelligence features to improve graphics, underscoring the importance of gaming for the company despite the segment's slowing revenue.

The new RTX 4070 chip, which Nvidia will start shipping on Thursday, will cost $599 (roughly Rs. 49,000), putting it near the middle of the company's range of graphics processing units (GPUs), which list for up to $1,600 (roughly Rs. 1,30,000).

The chip that it updates, the RTX 3060, is the fourth most popular gaming chip on the market, according to survey data in March from game distribution platform Steam.

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While Nvidia's data center chips for training artificial intelligence systems such as ChatGPT have powered the company's revenue growth in recent years, the company still got about a third of its $26.9 billion (roughly Rs. 2,20,000 crore) in fiscal 2023 revenue from gaming chips, though gaming revenue was down by 27 percent, dragged down by a sagging overall PC market.

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Nvidia's chips help PC video games render images on to high-resolution screens more quickly to make games look more realistic. The 4070 chips will be the cheapest available that use Nvidia's newest AI technology to do so.

Rather than calculate precisely what the value of each pixel on a screen should be, which can take extra time, the newest Nvidia gaming chips use artificial intelligence to predict what about seven out of every eight pixels should be, including generating entire frames using AI.

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A game "is not like a movie where everything's been pre-recorded. It's dynamic, it's moving, and there's user input. I can't just put a frame halfway between two frames. I have to really understand the motion between the two frames," Justin Walker, senior director of Nvidia's GeForce products, said in an interview.

© Thomson Reuters 2023


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Further reading: Nvidia, RTX 4070, AI
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