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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: maybenot who wrote (611)	12/10/2021 3:02:48 AM
From: chowder	1 Recommendation Recommended By Waitress Read Replies (1) \| Respond to of 21753

Re: Metaverse For most people, when they think of the metaverse, they think of Meta Platforms (formerly Facebook) ( FB), Roblox ( RBLX), Unity ( U), Epic Games, and other internet & interactive entertainment companies. However, the most important company for building the metaverse is likely NVIDIA ( NVDA), which is still commonly — and falsely —perceived as just a GPU hardware company. At the risk of oversimplifying the company’s massive technology portfolio, NVIDIA enables the metaverse in two ways: indirectly through its GPUs and directly through Omniverse, its own metaverse. In a year-end post on Gates’ personal blog, the Microsoft co-founder included a prediction about the future of work, and how it could be changed by the rise of the metaverse, the virtual worlds being built by tech companies like Meta (formerly Facebook) and Microsoft, where users will be able to work, play and socialize. I'm going to continue building a position in NVDA but come next month, I might break down and start a position in FB. It bugs me that it doesn't pay a dividend but I guess I'll have to get over it.