November 24, 2021 (Investorideas.com Newswire) The world of technology and gaming has been in a state of shock since the announcement of the Metaverse. Social media has once again shaken things up and we've seen gaming stocks in particular soar over recent weeks. The pandemic allowed e-gaming to reach entirely new heights, and while some stocks have dropped dramatically, others have been on a steady increase.
Electronic Arts, popular gaming publishers, recently announced that they would be extending their partnership with FIFPRO. The new commitment will be focussed on EA Sports, in particular, as they continue to put more effort into creating their line of football games, which draw around 150 million players from around the world. On top of that, the company also recently announced the highest second quarter in their history, with a 27% year-on-year increase.
Another gaming company that has been making waves is Nvidia, who put most of their manufacturing power into producing graphics processing units, specifically for the professional and gaming markets, ranging from AAA flagships to the titles offered on onlinegamblingcasino.co.nz.
Recently, Nvidia announced that their next generation of cloud-based gaming will be released for a new membership tier. The company has also announced that it will be making use of a lidar solution from Luminar Technologies to be part of the Nvidia Drive Hyperion, a vehicle platform that's set to be completely autonomous.
Nvidia also announced its most recent earnings, and much like EA, they have seen a huge jump compared to sales from last year, with revenue increasing by 68% year-on-year, making them a reliable choice for gaming-related stock.
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