The last time Nvidia Chief Executive Jensen Huang gave a major speech his company's stock was trading in record high territory. Ahead of his next big speech on Tuesday, Nvidia stock is in a slump. Year to date,

The original rumor was posted by VideoCardz, which reported that Nvidia would finally announce the most budget-friendly members of the RTX 50 Series graphics cards, including the RTX 5060, 5060 Ti (8GB), and another RTX 5060 Ti with 16GB of VRAM.

While Nvidia has yet to announce its entry-level RTX 50-series GPUs, previous leaks indicate it's expected to arrive with 8GB of GDDR7 VRAM. This is the first sign that an RTX 5060 may come with a 12GB variant, similar to the RTX 5060 Ti believed to be coming in either with 16GB or 8GB of GDDR7 video memory.

Nvidia's upcoming RTX 5060 and RTX 5060 Ti are still an enigma, but today's leak gives some insight into their pricing -- plus an exciting spec update.The Latest Tech News, Delivered to Your Inbox

Nvidia is revealing today that it has sold more RTX 50-series GPUs than 40-series during the first five weeks of launch. While we don’t have exact figures, Nvidia has supplied a chart that claims it has shipped 2x in that same amount of time.

A closer look at Nvidia's statement suggests supplies for the GeForce RTX 5000 series aren't great. 'Partners are working overtime to...catch up with demand,' the company says.