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Analysts on metaverse benefiting chipmakers, big tech, crypto


According to this visualization, which was shared with reporters Dec. 21, 2021, Baidu’s metaverse idea on XiRang begins with a “Creator City” that has a tall skyscraper in its middle.


The metaverse, which requires a massive amount of computing power, is set to benefit global chipmakers— but other tech-related industries could also gain from it, analysts say.

The metaverse is widely considered the future of the internet. It refers to an interactive virtual world in which humans can interact with three-dimensional avatars. These avatars can be controlled using virtual reality headsets such as Oculus.

The metaverse allows users to engage in virtual activities like gaming, concerts and live sports.

Last year’s social media giant, Social Networking Giant, was much focused on the metaverse. FacebookAnnounced it changing its name to MetaIn October

Big tech firms will benefitAs the technologies for that virtual world become more advanced, analysts believe.

Hou Wey Fook, DBS Bank’s Chief Investor Officer said that the metaverse’s winners were “really technology companies,” on Monday’s CNBC’s SquawkBox Asia. According to him, semiconductor companies will be the clear beneficiaries as they need lots of computing power in order for the metaverse to function.

Morningstar stated in a report that the chipmakers’ benefits will not be “uneven,” but it was clear from Morningstar.

“Most of the tasks in the’metaverse’ involve the real-time processing and analysis of huge amounts of data. This will make it necessary for the chips to utilize advanced process nodes, which are not available elsewhere. TSMC, SamsungAnd Intel“It said.

CNBC Pro provides more details about crypto currencies

Private banking company Lombard Odier reported in December that there are other areas that could be of interest to investors.

These virtual cashless environments may be where blockchain technology or cryptocurrencies can play a crucial role. Blockchain supporting non-fungible tokens,Oder NFTs — digital tokens that represent proof of ownership of assets such as artcollectibles or memes — could create an “interesting” ecosystem for digital content creation and monetization, the bank said.

They could grant the right to artworks created in the metaverse or to own creations, which would allow for a new type of economy. The firm stated that in this realm human creativity is virtually unlimited.

Facebook parent MetaAlso, AppleMicrosoft and Google are gearing up to release new hardware products and software services for the metaverse.

In Asia, China is set to go big on the metaverse as well. Its biggest city, Shanghai, included the metaverse in its five-year development plan. The plan called for “encouraging the application of the metaverse in areas such as public services, business offices, social entertainment, industrial manufacturing, production safetyAnd electronic games.”

— CNBC’s Evelyn Cheng contributed to this report.