In recent years it’s become customary to have 3-4 high-end cards on the market at the same time using the same GPU. For the GTX 200 series we had the GTX 260, GTX 275, and GTX 285, while for the Radeon HD 5000 series we have the 5830, 5850, and 5870. With the launch of NVIDIA’s GTX 400 series last month NVIDIA filled in the first 2 spots in their lineup with the GTX 480 and GTX 470, with obvious room to grow out the family in the future.

Above the GTX 480 is of course the “full” GF100 with all of its functional units enabled, and which is still missing in action on both the consumer and HPC markets. However there’s also room for a card below the $350 GTX 470, particularly with AMD being the sole inhabitant of the “bargain” high-end $300 point. NVIDIA is to the point in the Fermi rollout where they want a piece of that market, and they have a stash of further-binned so-so GF100 chips they want to fill it with. This brings us to today, and the launch of the GeForce GTX 465.


  GTX 480 GTX 470 GTX 465 GTX 285
Stream Processors 480 448 352 240
Texture Address / Filtering 60/60 56/56 44/44 80 / 80
ROPs 48 40 32 32
Core Clock 700MHz 607MHz 607MHz 648MHz
Shader Clock 1401MHz 1215MHz 1215MHz 1476MHz
Memory Clock 924MHz (3696MHz data rate) GDDR5 837MHz (3348MHz data rate) GDDR5 802MHz (3208MHz data rate) GDDR5 1242MHz (2484MHz data rate) GDDR3
Memory Bus Width 384-bit 320-bit 256-bit 512-bit
Frame Buffer 1.5GB 1.25GB 1GB 1GB
Transistor Count 3B 3B 3B 1.4B
Manufacturing Process TSMC 40nm TSMC 40nm TSMC 40nm TSMC 55nm
Price Point $499 $349 $279 N/A

In a nutshell, if you take a GTX 470 and disable some additional functional units, additional memory controllers, and additional ROPs, while turning down the memory speed any further, you get the GTX 465. NVIDIA has shut off another 3 Streaming Multiprocessors (SMs) from GF100, leaving the GTX 465 with 11 of them, giving it a total of 352 CUDA Cores/SPs, and 44 texture units. Meanwhile the ROPs have been cut down to 32 ROPs, and another memory controller disabled, making for a 256-bit memory bus attached to 1GB of 802MHz (3208MHz effective) GDDR5. All told the GTX 465 has around 78% of the texture/shader power of the GTX 470, 80% the ROP power, 76% of the memory bandwidth of the GTX 470, and 80% of the memory capacity. The loss of 256MB of RAM will be particularly interesting, as it means NVIDIA has surrendered its memory capacity advantage over AMD’s reference cards – both are even at 1GB.


With all of that in mind, compared to the GTX 470 the GTX 465 may be the more interesting card. While NVIDIA simply disabled some additional functional units compared to the GTX 480 to get the GTX 470, disabling even more functional units required a different strategy. Rather than disabling additional units from each of the GF100 GPU’s 4 Graphics Processing Clusters (GPCs), NVIDIA outright disabled one of the GPCs. This is the first time we’ve seen them disable a GPC on a GF100 card, making it an interesting first for Fermi. By disabling a GPC, not only does NVIDIA surrender CUDA cores, texture units, and polymorph engines, but they also surrender one of the 4 raster engines. As a result the GTX 465 takes a straight 25% hit in rasterization abilities compared to GTX 470, slightly greater than the loss for any other part of the GTX 465.

Top: GTX 465. Bottom: GTX 470

Along with similar clockspeeds as the GTX 470, the GTX 465 also shares the GTX 470’s design. It’s the same PCB and cooler – only the GPU has changed, with NVIDIA’s partners laying down one of NVIDIA’s GTX 465-binned GF100 GPUs.

With the disabling of additional functional units, the TDP has come down compared to the GTX 470. NVIDIA pegs the GTX 465 at 200W TDP, 15W below the GTX 470’s official TDP. We were not given the idle power consumption; however we’ll see quickly that it hasn’t improved when looking at our own power consumption numbers.

As we stated earlier, this is NVIDIA’s shot at the sub-$300 market, which is currently dominated by the Radeon HD 5850 at $289 and up, and the Radeon HD 5830 at $225 and up. Like the GTX 470, NVIDIA has built a product to slot in between AMD’s cards in terms of performance rather than taking AMD head-on, and the pricing reflects this. The MSRP of the GTX 465 is $279 accordingly, maintaining AMD and NVIDIA’s more-or-less neat division of the high-end market and putting the performance “sweet spot” for the GTX 465's performance at roughly 93% of the 5850.

Meanwhile this is the closest the two have come on pricing in quite some time, as a $279 MSRP puts the GTX 465 within $10 of the cheapest Radeon HD 5850. The pricing on the GTX 465 may change in the next month as NVIDIA’s North American partners are currently packing in Just Cause 2 with the card (a last-minute deal as we understand it), so there may be some flexibility on pricing once that promotion ends and NVIDIA’s partners no longer have to chip in for the game.

Finally, this is a hard launch, a very hard launch. In fact the cards started showing up on etailers 2 days before our NDA expired. After the farce that was the GTX 480/470 launch, it’s fantastic to see a proper hard launch. As far as we can tell you won’t have any problem finding a GTX 465 – thanks in large part to what looks to be quite the stockpile of GF100 GPUs that only meet GTX 465 specifications.

Meet Zotac’s GeForce GTX 465
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  • MadMan007 - Monday, May 31, 2010 - link

    Yeah I've got to agree. It's one thing to not rerun benchmarks with new drivers on older cards or ones that are well out of the intended competition envelope but to not redo cards that are new and might benefit greatly from the new drivers just seems lazy.
  • Greenhell6 - Monday, May 31, 2010 - link

    My 4870X2 Is still rocking out!!! Faster than the 5870 in some tests and on par with the GTX 480. Cant complain since i picked it up for about nothing.
  • SunSamurai - Monday, May 31, 2010 - link

    Whats the power cost to run those again? ;)
  • Greenhell6 - Monday, May 31, 2010 - link

    Very little for me, since I only use my 4870X2 for gaming and nothing else- I have another rig that uses all low power components for everything else. And now with two kids my gamiing computer get's turned on less and less. You have to admit it though--The 4870X2 Numbers are still very impressive--Rock's your face off....
  • Nighteye2 - Monday, May 31, 2010 - link

    In cases like this, it would be good if power costs are also taken into account. If a card is cheaper but uses a lot more power, you may still end up paying more through your electricity bill.

    Why not make a comparison based on lifetime costs, rather than only purchase price? You can estimate lifetime costs by adding the power usage over about 1000 hours on full load and 500 hours idle - and that'd probably still be a low estimate for some people.
  • C'DaleRider - Monday, May 31, 2010 - link

    OK.....but whose power costs are you going to use as a metric? Massachusetts? California? Idaho? Georgia? Michigan?

    Rural or urban?

    Or should they be limited to U.S. figures only as this site is read internationally?

    So, I guess AT should post your request with power figures from every state in the U.S., urban and rural averages per state, Canada by province, Mexico, Germany, Italy, England, France, Spain, and Turkey. Hope that's enough coverage for you.

    On the other hand, I'd personally think that anyone with two functional brain cells can make a determination that consuming 100W of extra power will cost more to run. Simple point to make as this review made it.
  • Nighteye2 - Monday, May 31, 2010 - link

    Just use the US average cost/kwh. The prices in the articles are also in USD, so that would be most convenient. It doesn't need to be accurate to the cent, just give a decent indication/estimate.

    Oh, and I suspect global power costs to be similar enough for such a figure to have meaning to all readers globally (I'm not from the US, btw).
  • Apocy - Monday, May 31, 2010 - link

    If you are so interested in power costs, here is the basic calculation (take in mind I live in Bulgaria)
    Power cost during day - 0.12$ (US dollars)
    Idle power gap - 9
    Load power gap - 105

    Given we use the system only during daytime we have ROI:
    Idle - 185185,1852 hours
    Load - 15873,01587 hours

    So on average you will need 700 days to pay off these 20$ by saving power with 5850.
  • rbnielse - Monday, May 31, 2010 - link

    Your calculation are off by an order or magnitude.

    It's actually 1587 hours (load) to pay off the 20$ pricegap, and frankly that's not a lot.

    Most people who buy a highend graphics card like this are going to play at least 20 hours per week, which means they'd even out the costs after a year and half at the most. So for the majority of buyers I'd say the GTX465 is actually more expensive than the HD5850, in addition to being slower and louder.
  • Apocy - Tuesday, June 1, 2010 - link

    Yep you are right, I placed 20$ as 20,000 cents not 2,000 that's why the numbers are 10 times higher.
    So ok then, 70 days roughly :)

    In reality if you consider the power savings, yes 5850 will become cheaper with time. Guessing the average user will hit these 70 days of playtime mark by the 8th month if he plays roughly an average of 6-8 hours :)

    So yeah, in conclusion, this card is totally useless unless you want physX and 3d Vision

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