Thesis

According to McKinsey, the metaverse is estimated to claim a market size of $5 trillion by 2030, and semiconductors are poised to play a key role in building the necessary infrastructure, whether it be for data communication, graphics, or computing. In In my opinion, there are two big semiconductor companies that are leading the innovation in this field: Qualcomm (NASDAQ:QCOM) and Nvidia (NASDAQ: NVDA).

Both NVDA and QCOM shares are down significantly year to date, down almost 60% for NVDA vs. 40% for QCOM. So it might be tempting to start looking at buying the dip. But which of the metaverse chipmakers should you choose?

In this article I will discuss whether an investment in Nvidia or Qualcomm is preferable, comparing the two companies with respect to (1) products and…