Prediction: On Aug. 28, This Figure From Nvidia Will Confirm an Artificial Intelligence (AI) Bubble That's in the Early Stages of Bursting
Since 2023 began, no trend has been more responsible for lifting Wall Street's major stock indexes to new heights than the rise of artificial intelligence (AI).
The allure of AI is the long-term capacity for software and systems to learn without human intervention. This gives AI-driven software and systems the ability to become more efficient at their tasks, and potentially evolve to learn new skills. With an addressable market that spans most sectors and industries, the analysts at PwC believe AI can add a jaw-dropping $15.7 trillion to the global economy come 2030.
Although dozens of companies have benefited from the AI revolution, none has been the poster child of success more so than semiconductor giant Nvidia (NASDAQ: NVDA).
Source Fool.com
