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Aug. 19, 2019, 10:31 a.m. EDT

Nvidia's stock jumps in active trade as Minecraft, other games support real-time ray tracing

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By Tomi Kilgore

Shares of Nvidia Corp. /zigman2/quotes/200467500/composite NVDA +4.58% shot up 5.5% in active morning trading Monday, after the graphics chip maker said "Minecraft" and other games now support real-time ray tracing, which will enhance visualizations. Trading volume topped 6.5 million shares within an hour after the open, already more than half the full-day average of about 10.1 million shares. Nvidia said its GeForce RTX graphics processing units are the only GPUs capable of playing games with real-time ray tracing. Nvidia said an update Minecraft to support ray tracing will be available for free. Among other games supporting ray tracing are "Dying Light 2," "Metro Exodus--The Two Colonels," "SYNCED: Off-Planet." Thes tock has climbed 7.6% over the past three months, while the PHLX Semiconductor Index /zigman2/quotes/210598361/realtime SOX +2.65% has advanced 7.4% and the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.48% has gained 2.1%.

/zigman2/quotes/200467500/composite
US : U.S.: Nasdaq
$ 355.02
+15.54 +4.58%
Volume: 18.65M
May 29, 2020 4:00p
P/E Ratio
66.30
Dividend Yield
0.18%
Market Cap
$218.39 billion
Rev. per Employee
$882,428
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/zigman2/quotes/210598361/realtime
US : Nasdaq
1,852.49
+47.83 +2.65%
Volume: 280,611
May 29, 2020 5:16p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,044.31
+14.58 +0.48%
Volume: 4.38B
May 29, 2020 5:14p
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