Top 17 Virtual Reality or Augmented Reality Tech Stocks

Virtual reality and augmented reality are the newest platform for entertainment, and even productivity. Apple recently announced a further investment in AR technology. This developing sector has enormous potential and a myriad of possible applications, and the market is sure to grow.

Here are the top technology companies working on artificial and augmented reality.

💻 Technology

Advanced Micro Devices (AMD-Q)
AMD is working on their Liquid VR technology that provides an ecosystem for companies to build on. Their technology allows for near-photorealistic imagery in real-time.

Advanced Micro Devices (AMD-Q) — Stockchase

Opinion about AMD-Q: A year ago, everyone thought that AMD was the next best competitor to NVDA. Lost second place to AVGO. Production issues, as so earnings disappointed in February. Coming back, production for GPUs back in place. They'll come back.

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3D Systems (DDD-N)
Involved in VR – 3D Systems creates specialized simulators using VR headsets to train healthcare professionals. They’re also a leader in 3D printing and scanning, which can be rendered in virtual reality.

3D Systems (DDD-N) — Stockchase

Opinion about DDD-N: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research DDD has been on a pretty steady downward trend since 2022 and is down 55% over the last year. Since 2021, DDD has seen revenues declining along with swinging to a net loss that became worse from 2022 to 2023. 3D printing…

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Facebook (FB-Q)
Involved in AR – Facebook is working on their own augmented reality glasses. They’ve already registered some patents and recently expanded their Facebook Reality Lab to continue their work.

Meta Platforms Inc / Facebook (META-Q) — Stockchase

Opinion about META-Q: He has been buying tech during this dip, in April particularly. We will eventually exit this volatility and find stability and confidence in the market again. Meta and Microsoft are some of his key holdings, and they affirmed their capex guidance--they are spending to make incredible investments over the next three years,…

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Alphabet Inc (C) (GOOG-Q)
Involved in VR and AR – Google is no stranger to VR, launching their first virtual reality viewer in 2013. They have started experimenting with mobile VR advertising format, and the company is rumoured to be building a new version of Glass. They also provide an augmented reality platform called ARCore.

Alphabet Inc (GOOG-Q) — Stockchase

Opinion about GOOG-Q: He chose GOOGL If you break this up into parts, those parts would be worth more than the sum. The great fear is over search, given chatGPT's threat. About 55% of GOOGL's revenues come from search, but their informational and commercial search is only 40% of all revenues. So maybe 25% of…

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GoPro Inc (GPRO-Q)
Involved in VR – GoPro launched their Fusion Camera, which allows creators to create 360-degree virtual-reality footage. They also made their VR player technology, Forge.js, open-source and free so people can create their own VR experiences and host them on a user’s website.

GoPro Inc (GPRO-Q) — Stockchase

Opinion about GPRO-Q: (A Top Pick Jan 25/16. Down 1.98%.) *Short*. Shorted this because we were having momentum to the downside in the market. Also, this had a high valuation.

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Hewlett-Packard Co (HPQ-N)
Involved in VR – HP already has a Windows Mixed Reality Headset, which takes advantage of Windows software to play games, live stream and more.

Hewlett-Packard Co (HPQ-N) — Stockchase

Opinion about HPQ-N: He doesn't like the PC business, and 3D printing won't move the needle for them.

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Microsoft (MSFT-Q)
Involved in VR and AR – Microsoft’s Hololense is a mixed reality headset, that allows you to see holographic images appear win the real world. Their headset can also connect to Xbox and provide an immersive gaming experience.

Microsoft Corp (MSFT-Q) — Stockchase

Opinion about MSFT-Q: It's a great company, because monetizing AI though Copilot adoption is early.

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Nvidia Corp (NVDA-Q)
Involved in VR – Nvidia created the GeForce RTX GPUs to drive VR experiences. Their GPU allows for more immersive, and real-time graphics.

NVIDIA Corporation (NVDA-Q) — Stockchase

Opinion about NVDA-Q: Will a new Blackwell chip they will send to China be a big source of income? Doesn't know, but what is Trump's view of this deal? China can play the long game vs. the U.S. As for NVDA's earning this week, analyst estimates are spanning a broad, but not crazy $140-200. There…

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Nokia (NOK-N)
Involved in AR – Nokia cancelled their Ozo camera program, which captured 360-degree virtual reality footage. However, they are working on including more AR features in their cellphones.

Nokia (NOK-N) — Stockchase

Opinion about NOK-N: It is in a good formation with a rounded bottom and he likes it. It is in a mini uptrend after forming a base at the end of a downtrend. It is trying to break out of the last point of resistance. It is OK for legging in.

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Apple (AAPL-Q)
Involved in AR – Apple is working on their Augmented Reality headset, and may launch it as early as 2020. They are also heavily investing in augmented reality for iOS, working together with companies such as GE, Ikea, and American Airlines to bring AR into the day-to-day.

Apple Inc (AAPL-Q) — Stockchase

Opinion about AAPL-Q: Those holding it in a taxable account don't want to sell Apple now, so will hold. And no, Apple will not trade in line with the S&P (it's been underperforming the market).

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Nintendo Company Ltd. (7974-TYO)
Involved in VR – The Nintendo Switch is being rumoured to get a Virtual Reality headset. Although this is unconfirmed, the Switch console is said to attach to a headset to be used for games.

Nintendo Company Ltd. (NTDOY-OTC) — Stockchase

Opinion about NTDOY-OTC: (A Top Pick Apr 13/23, Up 22%) Very strong business with sticky user base (kids and grownups love video games). Benefited from demand in Japan equities. New products (Switch) coming out which is good for profits. New content with movies will increase demand for products. Stock valuation cheap relative to peers. Good…

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Himax Technologies (HIMX-Q)
Involved in VR and AR – Himax produces non-driver components for AR and VR as well as 3D-sensing devices. Their main revenue source is display driver ICs that are used in smartphones, tablets and monitors.

Himax Technologies (HIMX-Q) — Stockchase

Opinion about HIMX-Q: Virtual reality and a chipmaker? This is a chip company and they make chips for some of the virtual reality and augmented reality pieces. It has big potential. The stock fell really, really hard on earnings, but has recently come back again. The company is going to be volatile, but one of…

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Sony Corp. ADR (SNE-N)
Involved in VR – Sony’s VR headset is intimately linked with their PlayStation console, offering an immersive gaming experience. It allows users to watch movies, play games and listen to audio in virtual reality.

Sony Corp. ADR (SNE-N) — Stockchase

Opinion about SNE-N: Not great over the years, suffering from a bloated infrastructure and lacking focus, like many Japanese companies. It should be split into a few companies.

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Synaptics Inc (SYNA-Q)
Involved in VR – Synaptics announced a new virtual reality display driver and bridge last summer. They are the leading developer of human interface solutions and are building the components of VR headsets.

Synaptics Inc (SYNA-Q) — Stockchase

Opinion about SYNA-Q: Has surged from the $30s to the $150s in the past year. They are diversifying away from phones to the internet of things (i.e. touch screens, fingerprint sensors). He recommended this pre-Covid, and it's since soared 80%. A great 5G play, too.

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Intel (INTC-Q)
Involved in VR and AR – Intel launched their Vaunt AR smart glasses last year. Although they shut down this project, it’s almost certain that they are working on the next augmented reality and virtual reality project.

Intel (INTC-Q) — Stockchase

Opinion about INTC-Q: Revolving door of CEOs -- hard to find someone with both business and engineering skills. If you ever see it up around $25, take a bit of profit. Or write some calls against it as it gets close if you don't want to get taken out. It will have its day, but…

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Micron Technology (MU-Q)
Involved in VR and AR – Micron produces graphics memory chips for AR and VR use. They bring solutions to he problems encountered with increased bandwidth requirements for advanced graphics.

Micron Technology (MU-Q) — Stockchase

Opinion about MU-Q: The market and Micron are getting toppy. This can go down to $80, no problem. This is a trade, not investment.

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Western Digital (WDC-Q)
Involved in VR and AR – Western Digital is developing solutions for higher resolution on VR and AR digital display and faster speeds for real time experiences. They’re also creating a more lightweight, embedded data storage solution for virtual reality and augmented reality products.

Western Digital (WDC-Q) — Stockchase

Opinion about WDC-Q: (A Top Pick May 22/24, Down 8%) Competitive space, and cyclical. He sold last fall, but still follows it. 12-month price target of $58.30.

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