As of the moment, one of the most powerful commercially available graphics card in the market today is NVIDIA's latest GP102 Pascal-based GPU, the NVIDIA Titan X. The only problem with the powerhouse device is its staggering $1,200 asking price, which is way out of range for most consumers and is actually enough to build a mid-range gaming rig in itself.

However, NVIDIA is reportedly going to be remedying that problem for mid-market consumers in the form of a new product that provides a relatively similar performance of the Titan X, but at a fraction of the price.

The product in question is the highly rumored new NVIDIA GTX 1080 Ti. The GPU is rumored to be a beefed up version of the standard Pascal-equipped GTX 1080 GPU that is currently available.

The various upgrades and the tweaks to the hardware and software apparently allows it to reach performance numbers that are quite close to the Titan X, but with components that permits it to be sold at a more competitive price.

According to several reports, the brand new product will likely be unveiled during the upcoming 2017 Consumer Electronic Show (CES) event happening in January next year. The event itself has already been revealed to include a press keynote address by NVIDIA's CEO, Jen-Hsun Huang.

Reports have predicted that the CEO himself may be the one to showcase their new product, which could be something that gamers should be looking forward to.

As for the rumored specs, the NVIDIA GTX 1080 Ti is expected to have 12 GB of GDDR5 memory running on a 384-bit memory interface. The card should be able to run any 4K or 8K UHD content without any problems. All of the data will reportedly be transmitted through with speeds up to 8 GB/s.

Like all of NVIDIA's other GTX 10 series products, the GTX 1080 Ti is expected to be fully VR ready. It has to be noted that majority of the reports still remain to be unverified, which means that all of them are just speculation for now.