AMD announced their RX 500 series lineup which includes a budget friendly RX 550 based on the Polaris 12 core which is the first time that Polaris architecture is being used to make low end budget friendly cards. Now, NVIDIA are moving forward with a budged oriented GT 1030.

Earlier rumors stated that that NVIDIA would release a low end card budget friendly card titled GeForce GTX 1030 (GP108) but we know that the budget oriented low end cards by NVIDIA never used the title GTX. Following the previous trend of naming lower end cards by NVIDIA we can say that the card would be named GT 1030. It is rumored to have 512 shader processors and gets 1 and/or 2 GB framebuffer partitions.

This card would be based on the new Pascal architecture and would be a good upgrade option to those who are low on budget. it is however unknown if NVIDIA would using the GP107 core from the GTX 1050 cards or would be using the unreleased GP108 core. It is also rumoured that GT 1030 will have an big brother named GT 1040 which would feature the same core but with bumped up features

The exact release date is unknown but is rumored to roll out in mid-May, the pricing is unknown, it is estimated to be at par with the AMD RX 550 graphics card.