Nvidia has announced that it is going to launch Nvidia Shield, an Android gaming device which will have twice the performance power as compared to Xbox 360. Nvidia co-founder has expressed his wish subtly to strike a deal streaming players like Netflix, Inc. (NASDAQ:NFLX) and Google Inc (NASDAQ:GOOGL) in order to leverage the gaming industry which Nvidia has created.
Jen-Hsun Huang says that more than 100 million people have enjoyed the gaming services of Nvidia. But the company wants to reach billions out there. The only way to do this, Huang thinks, is to have a Cloud-based gaming service. Netflix, Inc. (NASDAQ:NFLX) and Google Inc (NASDAQ:GOOGL) Chromecast are the best available options for Nvidia in this endeavor. On the other hand, Nvidia’s new Shield device will also let the users stream online games, movies, TV series and content from Google Inc (NASDAQ:GOOGL) Play in 4k. This is a revolutionary device in just $199.
An article on CNBC said that Nvidia has its own game streaming service called Grid, but it has a very limited audience. Sony’s PS4 gamers can easily use the Netflix, Inc. (NASDAQ:NFLX) game streaming service to stream their gameplay anytime they want by giving a monthly fee. Google Inc (NASDAQ:GOOGL) and Netflix, Inc. (NASDAQ:NFLX) and elevate the Nvidia audience by giving their streaming services, which are state of the art and way better than Nvidia’s.
Huang thinks that Nvidia’s upcoming gaming slate will be better than other players in the market like Google Inc (NASDAQ:GOOGL) and Apple. Netflix, Inc. (NASDAQ:NFLX) has an opportunity to land the gaming world with Nvidia after this announcement from Huang.
Carl Icahn‘s Icahn Capital Lp holds close to One million Netflix, Inc. (NADSAQ:NFLX) shares.