Amazon and Tencent Poised for AI-Driven Growth Despite Risks
• Amazon stock still has growth potential despite concerns that Microsoft may have an AI advantage; Amazon has its own AI capabilities and businesses likely to benefit from generative AI • Micron should see massive profit growth as the memory market recovers; strong AI demand driving growth in high-bandwidth memory products • Tencent trades at very low valuation despite growth; becoming an AI leader in China with new large language model • Memory industry seeing strong price increases and volume growth driven by AI demand • Chinese stocks are risky but Tencent is best-in-class at bargain valuation