Nvidia (NVDA) investors saw the stock closing +2.24% the last 5 days, which means it sits at +48.55% YTD.
Let's go through the news around Nvidia this week together.
LEGEND: Positive News | Neutral News | Negative News
There are rumors that Nvidia will be launching their new GPU's, the GeForce RTX 4070, in April.
This new GPU is suppose to be a more cost effective option to the more advanced 4070 Ti, which could appeal to a wider audience. There is no pricing released on this new series of cards yet but it should be competitively priced to the AMD alternatives.
Nvidia has released an official software update to resolve the Discord issues that popped up a week ago
The update is only required for anyone using an affected GeForce card, and involves the user downloading an app profile update for Discord.
It's good to see Nvidia hop on this quickly before it became a prolonged issue and shows their commitment to customer satisfaction (and shows they listen to their community!).
Nvidia has announced that the popular game, Baldur's Gate 3, is now available in the cloud through GeForce NOW.
This is part of an on-going effort to bring more games to the cloud and enables those with less powerful machines to participate in the latest and greatest games as well.
| RATING | PRICE TARGET | FIRM |
| BUY | $275 | Jefferies |
We look forward to spending a few minutes with you next Sunday for some new Nvidia news!
Disclosure: I am a Nvidia Corp. (NVDA) shareholder at the time of publishing.