NVIDIA unveils new GeForce GTX 1080 GPU

NVIDIA unveils new GeForce GTX 1080 GPU

Chip giant NVIDIA has unveiled its monstrous new GeForce GTX 1080 graphics processing unit (GPU), which is two-fold faster than the company's -- and the world's -- current-fastest Titan X graphics card, and three times more power efficient.

Revealing new GeForce GTX 1080 GPU is faster than two GTX 980 graphics cards running together in SLI, NVIDIA said that the increased power efficiency of the new GPU is largely a result of the fact that it is built -- like the April- launched P100 graphics card -- with a new 16nm FinFET manufacturing process.

Announcing the pricing and forthcoming availability of the GeForce GTX 1080 GPU, NVIDIA said that the new graphics card will be priced at $599; and will be available with effect from May 27. The company will also offer a special NVIDIA-designed "founders edition" of the new GPU priced at $699.

Sharing details about the new GeForce GTX 1080 GPU, NVIDIA CEO Jen-Hsun Huang said that the research and development (R&D) expenditure for the new graphics card, over a period of more than two years, was "several billion dollars."

Highlighting the fact that the new GeForce GTX 1080 GPU features 8GB of Micron's new GDDR5X technology clocked at a staggering 10GHz, Huang said that the new GPU is the "largest GPU endeavor, largest chip endeavor, largest processor endeavor, in the history of humanity."