This Catalyst Could Give Nvidia Stock a Big Boost

The video gaming industry has been a big catalyst for Nvidia (NASDAQ: NVDA) in recent years, helping the company clock terrific revenue and earnings growth and boosting its stock price as gamers have lapped up its powerful graphics cards to elevate their gaming experience.

The good news for Nvidia investors is that graphics card demand is going to boom in the coming years, and the company is in a solid position to take advantage of that thanks to its dominant market share. However, there is an additional catalyst that could give Nvidia's video gaming business a big shot in the arm over the next few years: cloud gaming. Let's take a closer look at the cloud gaming market, and check how Nvidia is looking to make the most of this multibillion-dollar opportunity.