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2 Metaverse Stocks to Buy Right Now
Nvidia (NVDA)
Nvidia (NASDAQ:NVDA), a graphics card giant, really doesn’t require much of an introduction at this time. The firm has made a name for itself with high-end graphics cards, but it also has big plans for the future of the metaverse. Nvidia’s GPUs and AI solutions will help fuel the metaverse in the same way that the company’s A100 and H100 tensor core GPUs already support intensive language learning models to develop AI chat-bots. High-performance rendering and simulation for 3D graphics, VR, and cloud gaming is already possible with its graphics cards.
Nvidia introduced Omniverse in March of last year to make substantial progress in creating tools for metaverse developers. Omniverse facilitates teamwork between artists and developers to construct photorealistic 3D environments using Nvidia’s RTX-enabled GPUs. Nvidia Nvidia has joined with Microsoft (NASDAQ:MSFT) to create the “industrial metaverse” by making Omniverse available to Microsoft’s business customers.
Nvidia’s commanding share of the GPU industry and a committed customer base of gamers and developers will only help the business thrive in this young area, and these investments and collaborations will help carve out a solid place for it there.
