Arm CEO Rene Haas Calls AI the "Most Profound Opportunity in Our Lifetimes." 1 Stock I'll Be Buying Hand Over Fist if He's Right.
There's no getting around the impact that artificial intelligence (AI) has had on the market trajectory over the past year or so. Some would even argue that the latest advances in AI helped spark the rally in 2023, lifting Wall Street from its bear market doldrums.
Generative AI promises to unleash a wave of increased productivity, and stock market pundits are still debating how much it will ultimately be worth. Most estimates start at the $1 trillion range and go up from there.
An opportunity of this magnitude has businesses and investors alike scrambling to get their piece of the pie. Unfortunately, the mad dash has others decrying the trend as a bubble or hype.
Source Fool.com
