Nvidia announced a new generation of graphics cards that not only crushes the previous generation in performance, but also price.
With more people building and upgrading PCs than ever before during the COVID-19 pandemic, Nvidia is in a great position to launch a new generation of cards right now.
Nvidia has not kept up with the demand for the RTX 3080 as most retailers sold out within minutes upon initial release.
AMD is set to announce their own GPUs in late October, potentially spoiling Nvidia's party.
Nvidia's valuation isn't as high as it might seem from looking at the stock chart, and likely becomes more compelling on any further pullback.
Nvidia (NVDA) revealed brand new graphics cards a few weeks ago, announcing the launch of the GeForce RTX 3070, RTX 3080, and RTX 3090 graphics cards. Nvidia claims these cards are the