Nvidia Corporation company is focusing on personal computer (PC) graphics, graphics processing unit (GPU), and also on artificial intelligence (AI). It is operating through two segments such as GPU and Tegra Processor. These NASDAQ: NVDA at https://www.webull.com/quote/nasdaq-nvda product brands are covering GeForce for gamers, Quadro for designers, Tesla, and DGX for AI data scientists, and GRID for cloud-based visual computing users. These Tegra brands are integrated an entire computer onto a single chip. Incorporated GPUs and multi-core central processing units (CPUs) are derived supercomputing for mobile gaming and entertainment devices that is as well as autonomous robots, drones, and cars. The Company’s processor has created platforms that address four markets such as Gaming, Professional Visualization, Datacenter, and Automotive. Nvidia (NVDA) is revealed brand new graphics cards a few weeks ago, this is announcing the launch of the GeForce RTX 3070, RTX 3080, and RTX 3090 graphics cards. Nvidia is claiming these cards are the greatest single generational leap in performance in the company’s history.
The first reason, it is a very successful launch for Nvidia that is the mere fact. People are staying at home more often during the COVID-19 pandemic. This is meaning, people are looking for entertainment options inside their own homes like video games. It has to venture out to find entertainment together, they can all game from their own home.
- Huge Performance Leap
RTX 30 series cards are left the previous generation of cards in the dust when it is coming to the performance, especially with ray tracing. While Nvidia is having exaggerated the performance somewhat in their reveal and marketing material, independent third parties, like Gamers Nexus. This is verified by strong performance numbers in multiple applications from the new RTX 3080 card.
- Compelling Pricing
Nvidia is priced last-gen RTX 2080 Ti cards at around $1200 USD. It is a very steep price for most consumers. This is combined with a lack-luster performance upgrade and Nvidia didn’t quite see the unit sales the company wanted. It is looking like Nvidia has realized that this time around pricing the 3080 at just $699 USD for performance. This is exceeding the $1200 2080 Ti. This is a faring more digestible price at NASDAQ: NVDA is given performance level. Furthermore, the 3070 card, which is supposedly beating the 2080 Ti is just $499. That is less than half the price of the 2080 Ti. It is creating a clear upgrade path for those still on older generations. You can check more stock information before stocks trading.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.