NVIDIA (NASDAQ: NVDA) released its GeForce RTX 3080 graphics processing unit (GPU) today, and early demand for the powerful new graphics card is strong. The high-end gaming GPU hit the market starting at $699, and it's been getting rave reviews for the processing performance it delivers at that price. The RTX 3080 line is already sold out on NVIDIA's website and on popular online retail sites like Amazon, NewEgg, and Best Buy.
Not only does the Japanese tech giant shore up cash on the sale, it still gets a piece of the action.
The transaction valued at up to $40 billion will significantly transform the semiconductor industry.