We’ve all got some extra time on our hands these days thanks to social distancing, but that may not be so bad for people who enjoy playing video games. That said, NVIDIA (NASDAQ:NVDA) has a new breakthrough for gamers that should spur NVDA stock.
NVIDIA, the California-based chipmaker that specializes in gaming technology, recently announced it launched notebook versions of its GeForce RTX 2080 Super and RTX 2070 Super graphic processing units (GPUs).
The company also says PC manufacturers are making more than 100 new laptop models feature in GeForce GPUs.
The RTX 2080 Super and RTX 2070 are Nvidia’s best and most expensive cards for gaming laptops. The company is also upgrading its RTX 2060 Super, including a 2G GDDR6 VRAM increase over the RTX 2060 for only $50 more.
And there’s more, according to Cnet:
“Nvidia also announced an updated version of its Max-Q power-saving architecture — versions of its GPUs designed for thin-and-light high-end gaming laptops. The big news is a series of changes to its Optimus design, dubbed Advanced Optimus. That controls when a laptop switches between its basic integrated graphics and a high-power, battery-killing discrete Nvidia graphics card. The switching in Advanced Optimus is said to be more efficient. Another new feature, Dynamic boost, offers more granular balancing of power allocation (and thus speed) between the CPU and GPU.”
For gamers, that’s a big deal. Online gaming numbers were up big in March as events were cancelled and people were forced to stay home. And now with more than 90% of the U.S. under stay-at-home orders and all but essential businesses closed, those numbers are only going higher.
And that’s great news for NVDA stock.
NVDA Stock at a Glance
NVIDIA is having a great year compared to the greater market. NVDA stock is up 12% year-to-date, compared to the Nasdaq Composite’s 11% loss.
And there’s no doubt that NVDA has room to run….