Jefferies on Metaverse: Optimistic about chip manufacturers

$NVIDIA (NVDA.US)$ $Advanced Micro Devices (AMD.US)$ Right now, Wall Street is very excited about the concept of "meta universe", among which Jefferies, an American investment bank, may be the most optimistic. Simon Powell, director of the bank's special research, said that "meta universe" is an investment opportunity similar to the early days of the Internet.

Powell said that investors should consider investing in Meta universe just like investing in the early Internet. This means focusing first on hardware vendors, then software vendors, and then companies operating within the technology.

Powell advises investors to consider chip makers such as Nvidia and AMD. He said that entering the virtual world will require huge computing power. He also recommended equipment manufacturers, such as those that produce virtual reality headsets. He said, "It's all about infrastructure construction in the next few years."

Article excerpted from the US Stock Research Agency