Nvidia Just Made a Smart Move That Could Supercharge Its Gaming Business
Nvidia's (NASDAQ: NVDA) video gaming business has been in bad shape over the past year as the demand for graphics cards used in personal computers (PCs) has dropped sharply after two solid years of growth in 2020 and 2021. However, there's one budding niche within the gaming business where the company is doubling down despite the headwinds in this segment.
The chipmaker recently announced that it is bringing its RTX 4080 graphics cards to GeForce Now -- Nvidia's cloud gaming service. Let's see why this could be a big deal for the company in the long run.
The RTX 4080 is one of Nvidia's top-of-the-line graphics cards that brings about a huge improvement over its predecessor, the RTX 3080. Gamers can now stream titles powered by the RTX 4080 to their devices and play high-end games without having to invest in expensive hardware. That's because cloud gaming enables gamers to simply stream games to their local device -- which could be a PC, smartphone, or a television (TV) -- over the internet while the processing is done by remotely located data centers.
Source Fool.com