News Nvidia admits GeForce FX 5800 'not successful'

"Nvidia last night announced disappointing results for the first quarter of its current fiscal year, 2004.

The chip maker admitted its NV30 chip - aka the GeForce FX 5800 - was "not a successful product", and confirmed that it would launch its replacement, the NV35, next week. The suggests Nvidia will indeed announce NV35 at the E3 show, to be held in Los Angeles on 13-16 May, as forecast.

Speaking during a post-announcement conference call, Nvidia CEO Jen-Hsun Huang said the NV35 will replace the NV30. The new chip is believed to be called the GeForce FX 5900."

Well - let's face it - everyone was pretty underwhelmed by the 5800, after all the hype surrounding it.

What's interesting is that just mention of the NV35 as a replacement for the NV30 from the Nvidia CEO was enough to increase the companies share price by 11%!

Read the full Register article here