NVIDIA Releases New Artificial Intelligence Hardware

When it comes to hardware technology, NVIDIA (NASDAQ: NVDA) is at the leading edge of developments that are poised to reshape the world for at least the next decade. Using its graphics processing unit (GPU) roots for high-end video games -- an early data-dense computing task that has paved the way for breakthroughs in other areas -- NVIDIA is a busy chip designer and software developer these days.

Normally chock-full of news, the company's annual GPU Technology Conference aired on YouTube this year, with CEO Jensen Huang delivering the pre-recorded keynote from his kitchen (due to COVID-19). It was especially packed with new releases and is worth watching -- especially for investors who have been watching this gaming company transform itself into the computing engineer powerhouse of the future.

While the biggest announcements won't directly concern video game enthusiasts, it was appropriate that the event first unveiled a new real-time simulation and collaboration platform -- since video gaming and professional visualization sales still made up nearly 60% of NVIDIA's revenue in its last reported quarter.