AI madness - Comeback or continue to be weak?
I believe many of you are familiar with the AI theme this year. Without doubt, Artificial intelligence (AI) stocks have taken the stock market by storm as investors, CEOs, and pundits all seem convinced that AI, in particular generative AI, will be the next major transformative technology.
Nvidia has been the biggest winner this year, as the chip maker sells the building blocks to run complex large language models, and its chips have been in high demand from cloud infrastructure operators like Amazon, Microsoft, and others, leading to soaring revenue and profits.
While artificial intelligence (AI) applications have been in development for decades, 2023 will likely go down as a breakthrough year for the technology. It's certainly been a breakout year for AI stocks. The excitement surrounding the tech has powered many of this year's biggest market success stories.
But as impressive as the rise of AI has been this year, the revolutionary shift is still just heating up. I continue to be bullish for all the AI focused stock like$C3.ai, Inc.(AI)$
AI - The future
Impressive AI
PLTR!
How do you think? [Grin] [Grin] [Grin]
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Time to do so it needs bullback