Nvidia trims price of Shield gaming device to $299

With a release date set for June 27, the portable gaming console will now cost $50 less than its original $349 price tag.

Nvidia's Shield will now sell for just $299.
Nvidia's Shield will now sell for just $299. Eric Franklin/CNET

Gamers eyeing Nvidia's Shield will be able to buy the device on June 27 to the tune of only $299.

Officially unveiling the date and the price drop via a blog on Thursday, Nvidia explained why it cut the cost from $349.

We've heard from thousands of gamers that if the price was $299, we'd have a home run.

So we're changing the price of Shield to $299.

If you've already pre-ordered Shield , you'll be charged the new, lower price. You will only be charged $299 when the product ships.

Demoed at CES 2013 in January, the Nvidia Shield is an Android-based portable gaming system that unites the controller and a 5-inch 1,280x720-pixel touch screen into one single package. The Shield can handle all Google Play apps and stream PC games from Nvidia-based computers through a Wi-Fi connection.

Featured Video
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

Is 'Chipgate' the new iPhone controversy?

We survived "Bendgate" with the iPhone 6 -- is it "Chipgate" for the iPhone 6S? Plus, you can expect the new iPad Pro and Apple TV by early November.

by Brian Tong