NVIDIA Strengthens Offering for Gamers Heading Into Holidays
NVIDIA (NASDAQ: NVDA) recently announced its new GeForce GTX 1070 Ti graphics card, which fills out the graphics specialist's roster with several gaming cards spanning every performance level heading into the holiday quarter.
Competitor Advanced Micro Devices (NASDAQ: AMD) recently launched a new round of cards aimed at gaming enthusiasts with its Vega line of graphics cards. Even before Vega launched, Jon Peddie research estimated AMD had picked up a few percent of market share over NVIDIA in the second quarter.
However, AMD's momentum could be stalled in the short term with NVIDIA's broader lineup, which now fills every performance level at a competitive price point. As gamers begin upgrading this fall with several graphically demanding games hitting digital store shelves, the addition of the 1070 Ti gives NVIDIA a high-end card offering at a compelling price relative to alternative cards.
Source: Fool.com
NVIDIA Corp. Stock
Currently there is a rather positive sentiment for NVIDIA Corp. with 172 Buy predictions and 12 Sell predictions.
However, we have a potential of -1.17% for NVIDIA Corp. as the target price of 125 € is below the current price of 126.48 €.
