Nvidia Unveils New Chip Design for Gaming Machines Sending Shares Higher
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Nvidia Corp. unveiled a new graphics-chip design for computer gamers, aiming to bolster demand amid concerns that growth may be slowing.
The company’s new Turing design will appear initially in three new GeForce cards, to be available on Sept. 20 starting at $499, Chief Executive Officer Jensen Huang said on Monday at the Gamescom event in Cologne, Germany. Nvidia shares rose on the news after three straight declines.