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Prediction: The Nasdaq Will Hit New Highs by 2027. Here's the Best Artificial Intelligence (AI) Growth Stock to Own Until Then. [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The spending on artificial intelligence (AI) infrastructure is just massive, expected to reach over $700 billion this year. To put that into context, that is more than the gross domestic product (GDP) of all but two dozen countries last year. Image source: Getty Images. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » However, AI still appears to be in the early innings. Many of the largest tech companies have expressed that AI is a once-in-a-generation opportunity and that winning the AI race is their priority. They show no signs of letting up on data center spending, noting they are getting strong returns on their investments. This should lead to strong continued spending much longer than many investors are expecting and help power the Nasdaq to new highs through this year and into next. Invest in the marke
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