Ann: Additional Information on MegaChips Agreement, page-249

Errrrrrh.....Wow!

What is the ‘metaverse’ and how much will it be worth? Depends on whom you ask...

Lasst Updated: Nov. 24, 2021 at 2:15 p.m. ET
First Published: Nov. 24, 2021 at 2:14 p.m. ET
https://www.marketwatch.com/story/what-is-the-metaverse-and-how-much-will-it-be-worth-depends-on-whom-you-ask-11637781312

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Illustrating its vast properties and sweeping technologies, the metaverse market is expected to be an $800 billion market by 2024, according to Bloomberg Intelligence. Roblox CEO David Baszucki, meanwhile, projects a total addressable market of around $200 billion or more each in the categories of mobile, streaming content and social media.

There are much more audacious estimates — Morgan Stanley analyst Brian Nowak vaguely refers to an $8 trillion total addressable market among U.S. consumers — that come with multiple caveats. Adoption “won’t be rapid or easy,” Nowak says, because of uncertainty over the metaverse experience, consumer distrust toward Facebook with their personal and enterprise data, and Facebook’s lack of enterprise tool expertise.

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A premium on image-drawing technology in the metaverse also favors chip makers Nvidia Corp. NVDA, +2.92% and Qualcomm Inc. QCOM, -0.13%, as well as Unity Software Inc. U, +3.26%. At its GTC developer conference in November, Nvidia added more capabilities to its collaborative engineering and modeling metaverse platform. That includes the ability to build “digital twins” of cars, robots and other real-world projects to help speed development.