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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Activision Blizzard    ATVI

ACTIVISION BLIZZARD

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Microsoft, Nvidia team up for more realistic visuals on Minecraft game

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08/19/2019 | 05:49am EDT
FILE PHOTO: Child plays video game Minecraft at the Minecon convention in London

(Reuters) - Microsoft Corp said on Monday it will use chipmaker Nvidia Corp's real-time ray tracing technology to provide the software company's Minecraft video game players more realistic graphics on personal computers.

Real-time ray tracing, or the ability for the chip to simulate how light rays will bounce around in a visual scene, helps video games and other computer graphics more closely resemble shadows and reflections in the real world.

Last week, Nvidia posted quarterly results ahead of Wall Street targets and said its profitability was getting a boost from new high-end graphics chips for video gamers.

"I think we've put all of the pieces in place to bring ray tracing into the future of games. The number of blockbuster games that have adopted RTX is really snowballing," Nvidia Chief Executive Officer Jen-Hsun Huang said on a post-earnings call.

Other games which would have the same graphic technology are Activision Blizzard "Call of Duty: Modern Warfare", Ubisoft Toronto's "Watch Dogs: Legion" and Tencent NExT Studios' "Synced: Off Planet", Nvidia said on Monday.

Minecraft, a construction game in which players can build nearly anything imaginable, block by block, in a digital, Lego-like world, spread like wildfire since its full release in 2011 by developer Mojang, which was bought by Microsoft in 2014.

In May this year, Microsoft said 176 million versions of the game have been sold since its launch.

(Reporting by Sayanti Chakraborty and Munsif Vengattil in Bengaluru; Editing by Maju Samuel and Arun Koyyur)

Stocks mentioned in the article
ChangeLast1st jan.
ACTIVISION BLIZZARD -0.45% 54.76 Delayed Quote.17.59%
MICROSOFT CORPORATION -1.16% 139.44 Delayed Quote.37.28%
NVIDIA CORPORATION -2.40% 172.69 Delayed Quote.29.36%
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Financials (USD)
Sales 2019 6 345 M
EBIT 2019 2 071 M
Net income 2019 1 222 M
Finance 2019 3 126 M
Yield 2019 0,67%
P/E ratio 2019 35,7x
P/E ratio 2020 31,1x
EV / Sales2019 6,13x
EV / Sales2020 5,32x
Capitalization 42 002 M
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Number of Analysts 36
Average target price 57,15  $
Last Close Price 54,76  $
Spread / Highest target 27,8%
Spread / Average Target 4,37%
Spread / Lowest Target -25,1%
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NameTitle
Robert A. Kotick Chief Executive Officer & Director
Rob Kostich President
Brian G. Kelly Chairman
Collister Johnson Chief Operating Officer
Dennis M. Durkin CFO & President-Emerging Businesses
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