2 Artificial Intelligence Stocks I'm Buying On the Dip
The artificial intelligence (AI) revolution has hit a speed bump. On June 25, 2024, Goldman Sachs released a thought-provoking research report titled "Gen AI: Too Much Spend, Too Little Benefit?" This analysis sent ripples through the tech sector, causing many AI-centric stocks to stumble.
Goldman's report paints a sobering picture of AI's near-term economic impact. It suggests that building out AI infrastructure could cost a staggering $1 trillion. More concerningly, the report argues that AI's cost-saving potential may not justify this enormous price tag. It also raises concerns about looming energy constraints potentially limiting AI's ability to boost top-line growth outside the chipmaking industry.
Image source: Getty Images.
Source Fool.com
