Wednesday, January 9, 2013

Nvidia turns lower after it unveils gaming console at Consumer ...

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Computer graphics giant Corp. () on Sunday unveiled its own portable games console at the Consumer Electronics Show (CES) in Las Vegas.

The company, best-known for its graphics processing units, or GPUs, that generate visual effects in videogames played on personal computers and consoles, said its ?Project Shield? system can run its own Tegra 4 software and wirelessly stream games running on home computers.

It can also wirelessly send the game images to be viewed on high-definition TVs in addition to its own small screen.

Project Shield plays both PC and Android titles ? which gives access to any game on () Play. didn't disclose the price of the device or say when it would be available.

"Project Shield was created by engineers who love to game and imagined a new way to play," said co-founder and CEO Jen-Hsun Huang.?

"We were inspired by a vision that the rise of mobile and cloud technologies will free us from our boxes, letting us game anywhere, on any screen.?

said Project Shield runs on a new version of its Tegra processor line that it also announced at the CES show.?

The company also said that six ?top cloud-gaming companies? have plans to use its Grid cloud gaming platform to deliver gaming services to global broadband.?

It explained that Grid is a server designed to serve up to 36 times more HD-quality game streams than first-generation cloud-gaming systems, while reducing lag. It is fully integrated with a high density of GPUs, specialized graphics-application streaming software and allows multiple users to share a GPU.

"By using the Grid Platform, our partners will allow gamers to play anywhere, anytime, without being tethered to a box," said ?s GM of cloud gaming, Phil Eisler.?

"The world's most exciting games can now be played as easily as you can stream a movie, right onto your TV or mobile device.?

Initial partners on the Grid Platform include cloud-gaming companies Agawi, out of the U.S.; Cloud Union and Cyber Cloud Technologies in China; G-cluster Global out of Japan; Israel-based Playcast Media Systems; and Taiwan?s Ubitus.

The CES show in Vegas continues Monday, with tech companies like chip maker Corp. () and Qualcomm () presenting their latest innovations.

partnered with the Human Media Lab at Queen?s University and the UK technology firm Plastic Logic, to unveil a flexible paper computer at the CES, known as the PaperTab tablet.

Meanwhile, Qualcomm will demonstrate its new StreamBoost technology, which is designed to enable home routers to ?ligently manage broadband connection? by allotting exactly the required bandwidth to each connected device and application.

rose 0.52 per cent after Lazard Capital Markets upgraded the company to buy from neutral, while Qualcomm added 0.87 per cent.

Meanwhile, dropped 3.5 per cent, lately trading at $12.69.

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Source: http://www.proactiveinvestors.com/companies/news/39102/nvidia-turns-lower-after-it-unveils-gaming-console-at-consumer-electronics-show-39102.html

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