Prediction: These 2 AI Stocks Will Be Worth More Than Nvidia by 2030 [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
Hot on its heels is Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) , while Meta Platforms (NASDAQ: META) is about $750 billion smaller. Although Nvidia is larger right now, I think by 2030, Alphabet and Meta will have taken significant leads over it -- for a fairly simple reason. Nvidia's GPUs are being dethroned by company-specific hardware Nvidia's rise has been nothing short of remarkable, although many may consider it unsustainable. Nvidia sells graphics processing units (GPUs) capable of handling intense computational workloads. This makes them a great choice for tasks like artificial intelligence (AI) model training or data collection. However, GPUs aren't necessarily the best hardware for processing AI models. If a company knows what kind of data structure it wants its AI models in, it can make custom chips optimized for these workloads. That's exactly what Alphabet did with its tensor processing unit (TPU), and what Meta accomplished with its Meta Training and Inference Accel
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- Bill Gates makes cameo at party for Mark Zuckerberg's 40th birthday [FOX Business Network]FOX Business Network
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- Mr. Lube Recognized as a Platinum Club Member of Canada's Best Managed Companies [Yahoo! Finance]Yahoo! Finance
- Mr. Lube Recognized as a Platinum Club Member of Canada's Best Managed Companies [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Microsoft's AI Push Imperils Climate Goal as Carbon Emissions Jump 30% [Financial Post (Toronto, Ontario, Canada)]Financial Post
META
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- 2/1/24 - Beat
META
Sec Filings
- 5/14/24 - Form PX14A6G
- 5/9/24 - Form 4
- 5/7/24 - Form 4
- META's page on the SEC website