🎲 Artificial intelligence stocks, would you invest?
AI data and trends for business leaders: #2024-04 | AI systems series
Will Artificial intelligence stocks edge in 2024?
Investing is a diverse field without a one-size-fits-all approach, but investors are generally open to adopting technologies that enhance performance and reduce the workload.
Artificial intelligence meets these criteria and is expected to influence investing increasingly.
Despite the enduring human element in stock selection and portfolio management, AI is anticipated to play a more significant role as technology evolves.
📌 Fact 1: Will the GenAI buzz last?
The generative AI buzz influenced the Nasdaq's 43% jump in 2023.
Investor interest in artificial intelligence has surged, leading many companies to highlight AI product roadmaps.
But, identifying legitimate AI stocks with revenue from generative AI remains challenging.
📌 Fact 2: Are you in?
The demand for AI chips has been strong, especially from cloud computing giants.
AI stocks span chipmakers, software companies, cloud service providers, and technology giants.
📌 Fact 3: Are AI systems sustainable and efficient technologies?
The AI market is forecasted to grow significantly, reaching $151 billion by 2027.
Yet, "Edge AI" is expected to emerge, with on-device processing gaining significance.
Microsoft's influence in OpenAI faced a leadership crisis, and Apple is expected to unveil an AI App Store by late 2024.
So what to expect next? Would you invest in AI stocks?
👉 Explore more: "AI stocks: tech giants, cloud titans, chipmakers battle for an edge."
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🎲 Data and trends
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