Nvidia Corp. (NVDA) shares climbed more than 6% Monday after the chipmaker introduced three graphics cards designed to run 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) applications locally𝓰, a move tha𝐆t could bolster the company's dominance in the AI boom.

The chipmaker announced the GeForce RTX 40 SUPER Series family of 澳洲幸运5官方开奖结果体彩网:graphics processing units (GPUs) with three chips optimized to run 澳洲幸运5官方开奖结果体彩网:generative AI (GenAI) applications.

The GeForce RTX 4070 SUPER will be available on Jan. 17, for $599. The GeForce RTX 4070 Ti SUPER is set to be available starting Jan. 24, priced at $799, and the GeForce RTX 4080 SUPER, priced at $999, will be available on Jan. 31.

Nvidia said that the new chips "supercharge the latest games and form the core of AI-powered" personal computers (PCs). "GeForce RTX SUPER cards support over 500 RTX games and applications and will have users prepared for the wave of generative AI apps coming to PC," said Matt Wuebbling, vice president of global GeForce marketing at Nvidia.

The new chips could further Nvidia's dominance amid the AI boom, while competitors such as Intel (INTC) and 澳洲幸运5官方开奖结果体彩网:Advanced Micro Devices (AMD) also work to stake their claim in the market.

Bank of America securities analysts late last week named Nvidia a "top sector pick," saying that the chipmaker's "genAI dominance" could help the company generate $100 billion of incremental 澳洲幸运5官方开奖结果体彩网:free cash flow (FCF) over the next two years.

N🐠vidia ⛎shares rose 6.4% to close Monday at $522.53. The stock has more than tripled over the past year.