10 Best Esports Stocks to Buy Now

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 193

NVIDIA Corporation (NASDAQ:NVDA) is an American technology company that plays a crucial role in the esports industry through its powerful graphics processing units (GPUs). Since the invention of the GPU in 1999, the company has revolutionized computer graphics and powered the growth of PC gaming. NVIDIA Corporation’s (NASDAQ:NVDA) GeForce line of GPUs provides high-performance graphics and is particularly popular among professional gamers. In 2020, the company also launched GeForce NOW, a cloud-based gaming service that lets players stream games directly from the cloud to various devices, including desktops, laptops, and smartphones. NVDA is one of the best esports stocks to buy.

In the gaming industry, NVIDIA Corporation’s (NASDAQ:NVDA) strategy is focused on integrating AI to enhance gaming experiences. On January 6, the company unveiled the GeForce RTX 50 Series Desktop and Laptop GPUs for gamers, creators, and developers. Powered by the Blackwell architecture, fifth-generation Tensor Cores, and fourth-generation RT, these advanced GPUs deliver breakthroughs in AI-driven rendering, including neural shaders, digital human technologies, geometry, and lighting. The GeForce RTX 5090 GPU is the fastest GeForce RTX GPU to date and it delivers over 3,352 trillion AI operations per second (TOPS) of computing power.

The company’s GeForce RTX 50 Series GPU’s power autonomous game characters alongside game rendering. NVIDIA Corporation (NASDAQ:NVDA) is introducing a suite of new ACE technologies that bring game characters to life with generative AI and allow game characters to perceive, plan, and act like human players. The company is partnering with leading game developers to incorporate ACE autonomous game characters into titles such as PUBG: BATTLEGROUNDS, inZOI, and NARAKA: BLADEPOINT MOBILE PC VERSION.