From Yahoo Finance: 2025-03-29 18:24:00

The gaming industry faced challenges in 2024 with layoffs, studio closures, and project cancellations. Despite this, analysts expect a rebound fueled by upcoming major releases like GTA VI and a new Switch console, projecting console software revenue to outperform PC software revenue until 2027.

NVIDIA Corporation (NVDA) is a major player in the gaming industry with its powerful GPUs and cloud-based gaming service, GeForce NOW. The company integrates AI into its products, releasing breakthrough GPUs like the GeForce RTX 50 Series. NVIDIA is also launching ACE technologies to enhance game characters’ behavior, collaborating with top game developers.

NVDA ranks 2nd on the list of best gaming stocks to invest in according to billionaires. While NVDA shows promise, some AI stocks might offer higher returns in a shorter time frame. For a more promising AI stock trading at less than 5 times its earnings, check out the report on the cheapest AI stock.

Read more: Is NVIDIA (NVDA) The Best Gaming Stock to Invest In According to Billionaires?