Is Advanced Micro Devices (AMD) the Best Metaverse Stock to Invest in?

From Yahoo Finance: 2025-04-18 17:52:00

The metaverse, a fast-growing digital frontier, combines VR, AR, blockchain, and mixed reality to create immersive virtual worlds for socializing, working, and playing. The global metaverse market is projected to reach $316.34 billion by 2025, with businesses driving growth by adopting virtual platforms and faster streaming technologies.

Advanced Micro Devices, Inc. (AMD) is a top metaverse stock, offering CPUs, GPUs, and AI chips. The company’s partnership with Meta Platforms to develop metaverse-ready radio systems using Xilinx chips showcases its strong presence in the industry. In Q4 2024, AMD posted record revenue, driven by growth in data centers and AI-related sales.

For Q1 2025, AMD expects $7.1 billion in revenue and plans to expand its AI business into a lucrative opportunity. The company’s focus on Radeon GPUs, AI accelerators, and high-performance computing solidifies its position as a key metaverse technology provider. While AMD is promising, certain AI stocks may offer greater returns within a shorter timeframe.

AMD ranks 7th on the list of best metaverse stocks to invest in. Despite its potential, other AI stocks may hold greater promise for higher returns. Investors seeking a promising AI stock at a steep discount can explore Insider Monkey’s report on the cheapest AI stock available.

Read more: Is Advanced Micro Devices (AMD) the Best Metaverse Stock to Invest in?