The 9 Biggest Virtual Reality Stocks

Virtual reality (VR) was once thought to be something of a technological holy grail — the type of tech that science-fiction plots revolved around and a subject that futurists and gadget enthusiasts opined about to great end. There’s still excitement surrounding the immersive worlds made possible by head-mounted displays, but that “holy grail” status has lessened to a degree as the dream has moved closer to reality.Still, the VR market has huge potential, and VR headsets continue to offer better price-to-performance dynamics and an expanding range of compatible apps and content. High-profile, exclusive video games are heading to VR, people are using panoramic cameras to create videos and photos for the format, and movie companies and platforms are providing ways to watch their content with headsets. And it’s not just video games and other forms of entertainment where the new display medium has big potential. VR could eventually bring about world-changing applications in fields like healthcare, manufacturing, and education.

The nine biggest stocks in virtual reality

The following table breaks down the nine biggest publicly traded companies with stocks that can be purchased on U.S. exchanges or through over-the-counter trading by market capitalization that have significant exposure to the VR space.

Company Market Capitalization Main Areas of VR Business
Microsoft (NASDAQ:MSFT) $1.2 trillion Headsets, platform software, video games, cloud services
Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) $923.76 billion Headsets, streaming video (NASDAQ:AMZN) $916.15 billion Streaming video, cloud services, e-commerce
Facebook (NASDAQ:FB) $585.32 billion Headsets, social media, video games
Alibaba Holdings (NYSE:BABA) $569.01 billion E-commerce
Tencent Holdings (OTC:TCEHY) $458.6 billion Social media, video games
Intel (NASDAQ:INTC) $260.35 billion Semiconductors, 360-degree camera technology
Qualcomm (NASDAQ:QCOM) $100.74 billion Semiconductors, headsets
Sony (NYSE:SNE) $83.44 billion Headsets, video games

Where do they stand on technology?

As PCs became an increasingly important tool in the late 20th century, consumers had to decide whether to buy a computer with an Intel processor or choose an AMD-powered model. During that time, most consumers perceived Intel as the dominant player. AMD appeared to play little brother to the much larger Intel as the company had to resort to lower pricing to build its consumer base.

However, the end of the PC era and its subsequent recovery has forced both companies to redefine themselves. AMD has focused heavily on GPU and data center chips. And after being left for dead as recently as five years ago, AMD has reemerged under the leadership of Lisa Su.