Pixelworks Inc. (NASDAQ:PXLW) shares rose 20.43% to $6.28 in Tuesday premarket trading after announcing a multi-year partnership with Meta Platforms Inc. (NASDAQ:META) to certify Meta’s VR devices, including the upcoming Meta VR Glasses, for TrueCut Motion-enhanced films, episodic programming and immersive 3D content. The agreement extends Pixelworks’ technology from premium large-format theaters into home entertainment and immersive virtual reality. Meta shares later rose about 0.6% Tuesday, outperforming a weaker market as investors assessed its expanding VR partnerships and broader AI strategy. Meta said IMAX Corp. (NYSE:IMAX) will make the glasses the first IMAX Enhanced-certified VR device, with an updated IMAX app offering virtual theater experiences when the product launches in spring 2027. Meta is also integrating its Muse AI system into the roughly 100-gram, $1,299 glasses, which it describes as a private cinema, workstation and game console. Analysts see the VR initiative as part of Meta’s effort to bring AI into daily use and eventually develop revenue streams beyond advertising. Pixelworks’ premarket volume exceeded 5.7 million shares against a 100-day average of 30,311, while its market capitalization was about $31.5 million at Monday’s close. The company was down 14.93% over the previous 12 months and is scheduled to report earnings Nov. 11.