Final Words

While it was clear early on in our testing that the GeForce GTX 980 would be the new single-GPU champion, even after finishing testing of NVIDIA’s new flagship we weren’t sure what to expect out of the GTX 970. On the one hand NVIDIA had driven a very significant gap between the GTX 970 and the GTX 980 on theoretical performance – on paper the GTX 970 should be around 80% the performance of the GTX 980 – and on the other hand the GTX 980 was in practice some 16% faster than AMD’s flagship R9 290X. Immediately you can see the potential for even a slower GM204 card to be a threat to AMD, but it’s only an assumption until you have the data in hand.

It’s only fitting then that with the GTX 970 now up and running we find ourselves in a virtual tie between NVIDIA and AMD. Despite not even being NVIDIA’s flagship GM204 card, the GTX 970 is still fast enough to race the R9 290X to a dead heat – at 1440p the GTX 970 averages just 1% faster than the R9 290X. Only at 4K can AMD’s flagship pull ahead, and even then the situation becomes reversed entirely in NVIDIA’s favor at 1080p. As such the R9 290X still has a niche of its own, but considering the fact that GTX 970 is a $329 card I don’t seriously expect it to be used for 4K gaming, so the 1440p and 1080p comparisons are going to be the most appropriate comparisons here.

As is the case with AMD/NVIDIA ties in the past, this is an anything-but-equal sort of situation, but it strongly sells the idea of just how fast the GTX 970 is and just how dangerous it is to AMD. Ultimately what you are going to find is that the GTX 970 scores some big leads in some games only to fall well behind the R9 290X in others, and in other games still the two cards are tied through and through. In the end for pure performance neither card is superior, and in this case that’s a huge victory for NVIDIA.

With the GTX 970 NVIDIA only ties the R9 290X, but in the process they do so while consuming nearly 90W less power, generating far less noise, and most importantly delivering all of this at a two-thirds the cost. GTX 980 gave NVIDIA a well-earned lead over AMD, but it’s the one-two punch of GTX 980 and GTX 970 together that so solidly cement NVIDIA’s position as the top GPU manufacturer. It’s one thing for the $499 R9 290X to lose to NVIDIA’s $549 flagship, but to be outright tied by NVIDIA’s second tier card is a slap in the face that AMD won’t soon forget.

There’s not much more that can be said at this point other than that as of this moment the high-end performance landscape is entirely in NVIDIA’s favor. They have undercut AMD with better hardware at a lower price, leaving AMD in a very tenuous position. AMD would have to cut R9 290X’s priceby nearly $200 to be performance competitive, and even then they can’t come close to matching NVIDIA’s big edge in power consumption. To that end it’s a lot like the GTX 670 launch, but even in that case NVIDIA’s overall hardware and pricing advantage wasn’t quite as immense as it is today.

At anything over $300 there are only two single-GPU cards to consider: GTX 980 and GTX 970. Nothing else matters. For much of the last year NVIDIA has been more than performance competitive but not price competitive with AMD. So I am very happy to see NVIDIA finally reverse that trend and to do so in such a big way.

Moving on, in NVIDIA’s lineup the GTX 970 is a potent performer, but NVIDIA has left themselves a big enough gap that it doesn’t completely undercut their new flagship. GTX 980 remains 15% faster than GTX 970, and that’s no small difference. For $220 more GTX 980 is certainly not the value option, but then this is an NVIDIA flagship we’re talking about, and NVIDIA has always charged a premium there. Instead if you can’t afford the high price of the GTX 980 or simply don’t want to pay that premium, the GTX 970 is an excellent alternative. By pricing the card at $329 NVIDIA has done a great job of making a significant fraction of GM204’s performance available at a better price, and for this reason GTX 970 stands a very good chance of being the value champion for this generation.

Finally let’s talk about EVGA’s GeForce GTX 970 FTW ACX 2.0. EVGA has clearly put a lot of thought into their card and there is a good reason they remain one of NVIDIA’s closest partners. As the only GTX 970 we’ve looked at thus far we’re really only able to look at it on a pass-fail basis, but on that basis it’s a clear pass. The ACX 2.0 cooler is incredibly powerful when paired with the 145W GTX 970 (almost a bit too much) and EVGA continues to deliver some great features and software through items such as their triple BIOS capability and their software suite.

At the same time the FTW in particular is a solid value proposition, though how solid will depend on what you compare it to. Compared to GTX 980 it’s going to fall short by 7% or so despite the overclock, but in the process it essentially cuts the GTX 980’s lead in half. Given the $220 price difference between the reference GTX 970 and GTX 980, that $40 FTW premium is a great alternative. On the other hand this is in the end a factory overclocked card, and it’s entirely likely that most reference clocked GTX 970s could achieve similar clock speeds without paying the $40 premium. As is usually the case with factory overclocked cards, with the GTX 970 FTW you are paying for the peace of mind that comes from a sure thing and the support behind it, as opposed to playing the overclocking lottery.

With that said, I feel like EVGA does walk away from this launch with one vulnerability exposed, and that is the ACX 2.0 cooler. EVGA’s amazing cooling performance is undercut by their middle of the road noise performance, which although is still very good in light of GTX 970’s overall gaming performance, it is not as good as what we have seen other open air coolers do in the past. It’s by no means a deal breaker – especially given all of EVGA’s other advantages – but given the kind of quiet cooling possibilities that a 145W GPU should enable, EVGA is not exploiting it as well as they could.

And while this configuration isn’t going to be optimal for stock users, I don’t doubt for a second that EVGA’s overclocking community will have a field day with this one. With this much cooling headroom to work with the ACX 2.0 cooler is going hold up very well for users who want to overvolt on air.

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  • dibbademevos - Tuesday, September 30, 2014 - link

  • dibbademevos - Tuesday, September 30, 2014 - link

  • SkyBill40 - Wednesday, October 1, 2014 - link

    Having always been an MSI guy, I've not really considered going with another vendor... until now. This looks like a nice card which also happens to conveniently match my color scheme whereas the red coloring of the MSI Gaming line sadly does not. Still, the overclocks are pretty much a wash and the only real differences seem to be in the cooling solution. The ACX 2.0 seems to be on par with the MSI, so I suppose I could go either way.
  • Oxford Guy - Saturday, October 4, 2014 - link

    Is it the case that the ACX card uses only 4 power phases which is why overclocking it beyond the factory setting isn't going to work very well? There is no mention of power phases in your article.
  • Kanuj5678 - Sunday, October 5, 2014 - link

    GTX 970 beats the shit out of everything and that too in style with lowest TDP

  • ambientblue - Wednesday, April 29, 2015 - link

    Enthusiasts dont care about TDP that much. The 290x is held back by HSF cooling (Uber mode is actually stock advertised speeds) while the GTX 970 is not. Water-cool the 290x and OC it to 1200mhz and it will match a 980, surpassing it at 4K resolution easily.
  • igyb - Tuesday, October 7, 2014 - link

    Is the gtx 970 just an underclocked 980? i might just get that because i cant really afford a 980.
  • Kimtastic - Tuesday, October 21, 2014 - link

    Dear Ryan,

    I had a MSI GTX 970 and found that under heavy load the core clock was fluctuating and causing FPS drops. After having read this article, I now understand that its due to the TDP limit. Is this something that will/can be fixed or something permanent?

    I would be grateful for your advice. Many thanks.
  • hoohoo - Thursday, October 23, 2014 - link

    Thank you for including an HD7970 in the test!
  • Shoiti2 - Monday, November 3, 2014 - link

    Those price are damn cheap. I would say, buying a gtx980 in the U.S wouldnt even buy a gtx 970 in Brazil. I'm living in Brazil right now and ordered an evga gtx 970 sc. Ok, how much did i pay for the gtx 970!! Nothing less than $750USD.
    the Gtx 970 at $750USD still very cheap for us Brazilian, the world's most expensive country.
    The evga gtx 980 is costing around $1100USD, not kidding, check for yourself.

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