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As supply issues and scalping made purchasing the last console generation difficult for consumers, manufacturers have begun looking for alternatives. With rising costs around semiconductors for processing units, the pricing of consoles could become prohibitive for the average consumer. Thus, the significant expansion of 5G networks and cloud computing data centers has led to the formation of cloud gaming stocks.
While the concept of cloud gaming did not prove successful for Google’s Stadia platform, much of that failure can be attributed to a lack of product exposure. Instead, services with more exposure will allow users to stream high-end games directly, eliminating costly consoles or PCs. This will ultimately make the gaming industry available to more consumers, increasing revenue and profit potential. For…
