Amidst the surge in AI-related stock prices, some skeptics question the existence of a bubble in the market. However, current valuations remain below bubble levels, with fundamentally justified multiples driven by strong earnings growth forecasts. Explore more.
Investing in semiconductor companies powering AI may yield higher returns than leading AI pioneers, according to analysts at Bernstein. The semiconductor market has profited from the AI revolution, igniting investor interest and creating lucrative opportunities. Bernstein has identified six semiconductor companies with a rating higher than the current market levels, presenting significant potential for price-target upside. As investors pour record sums into AI tech funds, experts predict AI advances could contribute $7tn to global GDP over the next decade.
Analysts predict a potential ChatGPT moment for Tesla, akin to Nvidia's exponential growth after an AI surge. One way to spur Tesla's momentum is by adjusting the price of its costly full self-driving software, which could incentivize more customers to buy and generate excitement for the company. Canaccord's analyst rates Tesla shares as a Buy with a $257 target price for the stock.
Nvidia reaches a $1tn market value and becomes the first chipmaker to do so. The demand for its AI chips has driven the surge, with growth expected to continue.
Discover the advantages and risks of ChatGPT, a large language model built on GPT that can help data specialists with data ingestion and transformation, complex SQL queries, and machine learning. Explore OpenAI and Microsoft Azure OpenAI Services for deploying and managing ChatGPT models. Learn how to use this powerful technology safely.