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Nvidia Stock Forecast: The Nintendo Switch Win Is A Homerun Hit For Nvidia

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

Contrary to previous rumors, Nintendo’s next console product, the Switch is not using a processor/GPU from Advanced Micro Devices
Nintendo decided to use a custom Tegra processor from Nvidia for its new Switch home gaming system.
AMD used to supply the custom GPU/CPU chip for Nintendo up until the Wii U console. The Switch win is therefore a big deal for Nvidia.
The hybrid handheld/dongle Nintendo Switch is a disruptive product that could sell tens of millions of units.
NVDA has buy signals based on its near and long-term algorithmic forecasts.