Skip to main content

Gaming Survey Shows ‘Solid Trends’ As PlayStation 5, Xbox Series X Prepare For Launch – Yahoo Finance

Video games are on the rise thanks in part to stay-at-home procedures during the coronavirus (COVID-19) outbreak. PC gaming is up, with Etailers reporting “frequent recent stocks outs of NVDA’s most popular Turing cards.”

According to analysts at BofA Securities, only “8% of PC gamers own a GPU on par with performance of upcoming Sony/Microsoft game consoles, which will become the new bar for mainstream performance.”

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The approaching releases of Sony Interactive Entertainment’s (NYSE: SNE) PlayStation 5 and Microsoft Corporation’s (NASDAQ: MSFT) Xbox Series X could ignite a "major upgrade cycle" for PC gaming-based companies like Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD).” data-reactid=”21″>The approaching releases of Sony Interactive Entertainment’s (NYSE: SNE) PlayStation 5 and Microsoft Corporation’s (NASDAQ: MSFT) Xbox Series X could ignite a “major upgrade cycle” for PC gaming-based companies like Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD).

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="See Also: What Sony Analysts Like About The PlayStation 5 Presentation” data-reactid=”22″>See Also: What Sony Analysts Like About The PlayStation 5 Presentation

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Demand &gt; Supply: Demand will inevitably grow as mainstream consoles begin releasing hardware updates. BofA analysts believe "Turing adoption could be increasing as a result of the rising popularity of gaming as many are confined to their homes."” data-reactid=”23″>Demand > Supply: Demand will inevitably grow as mainstream consoles begin releasing hardware updates. BofA analysts believe “Turing adoption could be increasing as a result of the rising popularity of gaming as many are confined to their homes.”

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Many places like Amazon (NASDAQ: AMZN) are seeing Nvidia products such as the GTX 1650 Turing card sell out.” data-reactid=”24″>Many places like Amazon (NASDAQ: AMZN) are seeing Nvidia products such as the GTX 1650 Turing card sell out.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content=""In our estimate, just 8.4% of NVDA steam users are using graphics cards with specs on par with the forthcoming Xbox Series X and PS5 game consoles which should become the baseline for AAA PC game performance/development upon their launch in the 2H of this year," analyst Vivek Arya wrote in a note.” data-reactid=”25″>”In our estimate, just 8.4% of NVDA steam users are using graphics cards with specs on par with the forthcoming Xbox Series X and PS5 game consoles which should become the baseline for AAA PC game performance/development upon their launch in the 2H of this year,” analyst Vivek Arya wrote in a note.

“We define this threshold as equal to or above NVDA’s RTX 2060 Super Turing card. This implies 90%+ of the installed base could become strongly motivated to upgrade to higher ASP current-gen Turing products, and potentially next-gen 7nm Ampere products, once new game consoles launch later this year.”

Latest Ratings for AMD

Date Firm Action From To
Jun 2020 Morgan Stanley Maintains Equal-Weight
Apr 2020 Argus Research Maintains Buy
Apr 2020 CFRA Maintains Buy

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="View More Analyst Ratings for AMD
View the Latest Analyst Ratings” data-reactid=”30″>View More Analyst Ratings for AMD
View the Latest Analyst Ratings

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="See more from Benzinga” data-reactid=”31″>See more from Benzinga

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.” data-reactid=”36″>© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.



from WordPress https://ift.tt/37GE0CP
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Rufus Wainwright to Perform New Album at Livestream Concert – Rolling Stone

Gearing up for the release of his new album Unfollow the Rules, Rufus Wainwright will perform the record in its entirety at a livestream concert on Saturday. The performance will take place in the ballroom at Paramour Mansion in Los Angeles, previously owned by the silent film star Antonio Moreno. Wainwright will perform on acoustic guitar — similar to his recent In My Room  segment — accompanied by piano, guitar and a string section. The livestream will premiere in Germany and France here , later to be available on demand for 90 days. A stream will be available in the U.S. on All Arts ‘ Facebook page, premiering at 2 pm E.T. “The Paramour Session will show a completely different side of Unfollow the Rules ,” Wainwright said in a statement. “Acoustic, stripped back, sparser, but in a Rufus Wainwrightian sense of course. Good songs can survive in many different environments. I want my fans to have an opportunity to hear the music live when the album comes out. The only w...
Post a Comment
Read more

Future shocks: 17 technology predictions for 2025 – World Economic Forum

We asked our 2020 intake of Technology Pioneers for their views on how technology will change the world in the next five years. From quantum computers and 5G in action to managing cancer chronically, here are their predictions for our near-term future. "lazy", :class=>"", :alt=>""}” use_picture=”true”> Image: Getty Images/iStockphoto 1. AI-optimized manufacturing Paper and pencil tracking, luck, significant global travel and opaque supply chains are part of today’s status quo, resulting in large amounts of wasted energy, materials and time. Accelerated in part by the long-term shutdown of international and regional travel by COVID-19, companies that design and build products will rapidly adopt cloud-based technologies to aggregate, intelligently transform, and contextually present product and process data from manufacturing lines throughout their supply chains. By 2025, this ubiquitous stream of data and the intelligent algorithms ...
Post a Comment
Read more

Work From Home Opens New Remote Insider Threats – Threatpost

The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy . In addition, you will find them in the message confirming the subscription to the newsletter. from WordPress https://ift.tt/2Vbs7zI via IFTTT
Post a Comment
Read more