Daily Poll: Metaverse left Nvidia a picturesque space for imagination.
$NVIDIA (NVDA.US)$ climbed $32.03 Thursday on Wells Fargo's upbeat assissment to close at $298.01. The stock also set a new intraday 52-week high of $313.65.
Facebook's rebranded last week as Meta as it looks to build out the virtual universe and further incorporate virtual and augmented reality with social media. It's plans to increase capital spending including data centers, servers and network infrastructure, potentially benefiting NVDA. $Meta Platforms (FB.US)$ is forming a metaverse, which is likely going to require more microchips.
NVIDIA Omniverse is also a key enabler/platform for the development of the Metaverse across a wide range of vertical apps—industrial, manufacturing, design & engineering and autonomous vehicles/robotics.
Nvidia has been the biggest winner in the chips space this year. The stock is up 102% in 2021
The metaverse is not a new concept, but it is one gaining traction with a wider audience.
Do you think the concept is worthy to invest in? What else "Metaverse Stocks" you're keeping eye on?
Do you think the concept is worthy to invest in? What else "Metaverse Stocks" you're keeping eye on?
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
kennyang1977 : Will consider
雅格格 : The times are progressing
earning_s : Since getting on the express train of "Meta Universe", the more imaginative Nvidia has made investors flock to the graphics card giant.
kradic34 : I want to know the trend next week
101765048angelchow : lol
101765048angelchow : Good
101765048angelchow : good?
alexchuahg : I don't buy concept.. I buy POC... Proof of Concept...