We know the grapes very sour
Forget Tesla and Nvidia Stocks. Check Out These Unloved AI Bargains
Looking to invest in artificial intelligence stocks this year and worried you've missed the boat?Don't worry, a pivot away from obvious winners like Tesla and Nvidia is the solution.That's according to Morningstar's chief U.S. market strategist David Sekera, who believes investors will have to take a more selective approach to the theme in 2025.His view is based on the idea that Big Tech companies' capital expenditure levels can't carry on rising at such a fast pace, more than two years after the launch of OpenAI's ChatGPT kicked off an AI spending war."We're not going to see that explosive increase in demand of the past two years again," Sekera told Barron's. "It will still increase, but we won't see anywhere near the same upside surprises in spending on AI hardware as this megatrend is better understood.". This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Like
Report
Login to post
No comments yet