This Monster Metaverse Stock Could Become a Screaming Buy After Earnings

Applied Materials (NASDAQ: AMAT) is a well-known name in the semiconductor industry. Its products and solutions are playing a key role in solving the global chip shortage. But investors may not be aware that it is also a solid metaverse play.

The metaverse, which aims to transport users into a three-dimensional world where they can connect and collaborate with each other in real time, will need the support of a company like Applied Materials to expand. That's because the metaverse is going to create massive demand for semiconductors.

Image source: Getty Images.

Source Fool.com