Microsoft and Nvidia Enter Partnership
Microsoft Inc. has signed a 10-year deal to bring games such as “Call of Duty” and others to Nvidia’s gaming platform. The deal depends on the completion of Microsoft’s acquisition of Activision, which has faced regulatory opposition, including from Sony, which said that the deal could result in fewer choices and less innovation for gamers. Microsoft President Brad Smith said that he was more optimistic about getting the Activision deal done after the Nvidia agreement and a similar arrangement with Nintendo. Phil Eisler, Nvidia’s Vice President and General Manager of GeForce Now, said that games like “Call of Duty” would not be available on Nvidia’s service unless Microsoft acquired Activision, but other Microsoft-owned titles such as “Minecraft” would be available immediately. Nvidia’s 25 million customers will need to pay Nvidia for access to its cloud gaming platform and pay Microsoft for its games. Microsoft has pledged to keep “Call of Duty” on Sony’s PlayStation, and the deal is not only about “Call of Duty.” Microsoft has said that buying the company that also makes “Overwatch” and “Candy Crush” would help it compete with the likes of Tencent as well as Sony.
MSFT Stock Price Forecast & Analysis
According to 39 analysts, the average target price for Microsoft Corporation is USD 285.93 over the next 12 months. The average analyst rating for Microsoft Corporation is Strong Buy, and Stock Target Advisor’s own stock analysis is Bullish. The current stock price for Microsoft Corporation is USD 258.06, which has changed by -4.89% over the past week, +7.43% over the past month, and -10.37% over the last year.
NVDA Stock Price Forecast & Analysis
According to 40 analysts, the average target price for NVIDIA Corporation is USD 202.64 over the next 12 months. The average analyst rating is Strong Buy, and Stock Target Advisor’s analysis of NVIDIA is Slightly Bullish, with 11 positive signals and 7 negative signals. NVIDIA’s stock price was USD 213.88 at the last closing, and its price has changed by -1.84% over the past week, +19.89% over the past month, and -9.53% over the last year.
