This "Magnificent Seven" Company Is Leading the Artificial Intelligence (AI) Revolution, According to Goldman Sachs (Hint: It's Not Nvidia)
When it comes to artificial intelligence (AI), most investors and Wall Street analysts use the "Magnificent Seven" stocks as a key barometer. There are good reasons for this.
has plowed billions of dollars into OpenAI -- the developer of ChatGPT. Moreover, demand for Nvidia's graphics processing units (GPUs) can provide a good idea of where and how businesses are exploring AI-driven use cases.
Nevertheless, investment bank Goldman Sachs sees a different member of the Magnificent Seven as the clear-cut winner of the AI revolution so far.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 115 Buy predictions and 3 Sell predictions.
With a target price of 424 € there is a slightly positive potential of 17.0% for Microsoft Corp. compared to the current price of 362.4 €.