Fresh news says that Nvidia is planning to release a new video card that will be based on GTX 1080's Pascal GP104-140 GPU. The video card will be named as GTX 1060.

According to Videocardz, Nvidia, which is expected to unveil the highly-anticipated GTX 1080 Ti at the CES event in January 2017, is preparing the GeForce GTX 1060 3GB. Although no release date has been confirmed, the new card is confirmed to be coming out.

According to the same report, Nvidia is actually remarketing the GP104 chips that did not meet the specifications of GTX 1080/1070 or 1070 Mobile, or those chips which did not have 1920 working CUDA Cores. The company is repurposing them into GTX 1060, instead of getting into waste for being considered as defective.

The upcoming GeForce GTX 1060 3GB is going to have higher power compared to the normal GTX 1060s, which are based on GPU 106. It consists 1,152 Cores and 3072 MB GDDR5 192b. The ID of the card has been found in the latest driver is: NVIDIA_DEV.1B84 = "NVIDIA GeForce GTX 1060 3GB." 

For now, the report has said that the new card will be released in China only. PCGamesN says that this should actually be a relief to users in the United States. It wrote, "we won't have to stress about what sort of hobbled silicon is running in our hobbled 3GB versions of the proper GTX 1060."

Nvidia is appearing to be repurposing its GP104 GPUs that failed to make the grade as GTX 1070s or GTX 1080s and dropping them into GTX 1060 3GB PCBs. They will still come.

GPU manufacturing is an expensive business so AMD will be doing the same with their cards. It's probably one factor why AMD historically create new graphics cards in pairs based on the same GPU.