The company deals in world-wide programmable graphics processor technologies. Its major product-line operating segments are: graphics processing units, media and communications processors, handheld and consumer electronics.
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Death of the PC gaming incoming
Why? Mobile gaming? Better counsels? People tired of MMORPGs? Intel integrating GPU in chip? All of the above?
Also, the separation of people with enough know how to economically create a box that can run these games.
As computers get easier to use, people no longer have to educate themselves to the extent they used to to use them. People are going to start buying more rigs that are ready to use, and ready to use computers that can run the same games that counsels can are much more expensive.
The newer generations will not know how to install a graphics card, nor will it make sense for them to when a PS4 is cheaper and has facebook on it.
I kind of agree. PC gaming market is not as big as the one for consoles like xBox, WII, Playstation, etc. A lot of popular games, including Black Ops that was just released, are made primarily for consoles and then adopted to PC as an afterthought. Besides, you can play games on sell phones, music players, and even GPS devices.
@ob3y: You should keep in mind, however, that NVDA doesn't completely rely on PC gaming and after-market graphics cards. They're also looking to their Tesla and Tegra chips for massive growth in supercomputing and mobile computing.
I, for one, think your underperform pic is terribly wrong and ill-informed (especially after yesterday's encouraging earnings announcement). If there's any pullback at all from today's pop, I suggest closing this while you still can.
Disclaimer: NVDA is one of my largest real-life holdings, but with good reason. Though my cost-basis is around $13.48 per share, I originally made an "outperform" call in CAPS around $16 and expect it to easily exceed that in the near future.
@Symie - you're most likely correct, I think I was more excited to put my opinion towards PC gaming on an actual stock, and did so before looking at where it was on it's cycle.
However, I still hold my view that this is not going to be one the stars out there in tech
10 years PC gaming was out and today me and my kids playing more on it then on PS and Xbox lol.New smartphone and tablets will change every 6 months,maybe not in US but in rest of the market.