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Nvidia Stock Gains on Next Generation Cloud Gaming Platform -Breaking

by Mike Robinson

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© Reuters.

Sam Boughedda

Investing.com — Nvidia Corporation (NASDAQ:) The company announced the next generation of its gaming platform on Thursday. This resulted in shares rising. 

Nvidia shares rose 2.5% during late afternoon trading.

GeForce RTX3080 gaming is now available on GeForce NOW exclusively to members who have a high performance membership tier.

According to Nvidia, the new GeForce membership tier provides gamers access to the most powerful gaming supercomputer ever built with cloud gaming’s highest resolutions and fastest frame rates, paired with the lowest latency. Additionally, PC games can be streamed from Steam and Epic Games Store to Windows OS, macOS and Android.

“While we continue to drive the most advanced gaming technology with GeForce RTX, we have dedicated the past decade to refining and expanding GeForce NOW cloud gaming to bring the best gaming platform to anyone with a computer. I am thrilled to announce our second-generation GeForce NOW SuperPOD — it’s a giant leap forward,” said Nvidia founder and CEO Jensen Huang.

Advanced Micro Devices stock (NASDAQ:) also responded to the news after the company announced that its Ryzen Threadripper Pro processors would power the GeForce Now RTX3080 member tier. AMD shares have risen by more than 2 percent to $118.80

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