5 Most Ambitious Metaverse Companies in the World

4. NVIDIA Corporation (NASDAQ:NVDA)

Market Capitalization: $693.96 Billion

NVIDIA Corporation (NASDAQ:NVDA) provides graphics and networking solutions in the United States, Taiwan, China, and internationally.  The company designs graphics processing units for the gaming and professional markets, as well as systems on chip units for the mobile computing and automotive market.

NVIDIA Corporation (NASDAQ:NVDA) is one of the most ambitious metaverse companies in the world. The company’s flagship metaverse product is the NVIDIA Omniverse, a platform that enables businesses to bring together various digital assets and simulate production processes in a virtual environment in real-time. According to NVIDIA Corporation (NASDAQ:NVDA), their Omniverse is being used by experts at over 500 companies, including Amazon.com, Inc. (NASDAQ:AMZN), PepsiCo, Inc. (NASDAQ:PEP), and Lockheed Martin Corporation (NYSE:LMT) are using the platform to build physically accurate digital twins and develop realistic immersive experiences for customers. Since the launch of its open beta in December, Omniverse has been downloaded by over 150,000 individual creators.

On March 29, 2022, Tigress Financial analyst Ivan Feinseth raised his price target on NVIDIA Corporation (NASDAQ:NVDA) to $410 from $400 and reiterated a Buy rating on the shares.

As of March 24, 2022, Fisher Asset Management is the most prominent shareholder in NVIDIA Corporation (NASDAQ:NVDA) having stakes of more than $1.50 billion in the company. The investment covers 0.84% of Fisher Asset Management’s 13F portfolio.

Vulcan Value Partners, an investment management firm, published its fourth-quarter 2021 investor letter in which it mentioned NVIDIA Corporation (NASDAQ:NVDA). Here’s what experts at Vulcan Value Partners had to say:

NVIDIA Corp. was a material contributor during the quarter. We have discussed NVIDIA at length in previous quarters. Its products are at the intersection of a number of important computing trends including the movement to the Cloud, artificial intelligence, autonomous vehicles, edge computing, gaming, and now, the Metaverse. The company continues to outperform expectations, growing its revenue and free cash flow significantly throughout 2021, and in turn, its value is compounding quickly.”