Nvidia: Gains on deal with Softbank to deploy cloud gaming servers in Japan

LG Uplus

19/03/2019 10:52

** Nvidia's shares  NVDA.O  up 1 pct at $170.70 premarket on
chip designer's deals to deploy cloud gaming servers in Japan
and Korea
    ** NVDA partners with Softbank Group Corp  9984.T  and LG
Uplus Corp  032640.KS  to deploy the servers later this year
 urn:newsml:reuters.com:*:nL1N2151H1
    ** Company, which makes graphics chips for computers that
make video games look more realistic, is putting those chips in
data centers so gamers who do not have NVDA chip in their
computer can stream games from the data center
    ** Co also teams up with Amazon.com Inc's  AMZN.O  Amazon
Web Services to bring AI to millions of connected devices
    ** On Monday, shares dipped 0.5 pct ahead of CEO Jensen
Huang's keynote event  urn:newsml:reuters.com:*:nL1N2150T1
    ** Stock has risen ~27 pct this year vs. the Philadelphia
chip index's  .SOX  20 pct gain

 (Reporting by Amy Caren Daniel in Bengaluru)
 ((Reuters Messaging:
Amy.CarenDaniel.thomsonreuters.com@reuters.net))