Dimon: AI as Transformative as Electricity; Nvidia and Microsoft Lead in AI, But Not Named Top 10 Stocks
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Jamie Dimon said AI could be as transformational as major past innovations like the printing press and electricity.
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Nvidia is dominant in GPUs used for AI, fueling triple-digit sales and profit growth. Its PEG ratio signals it's undervalued.
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Microsoft developed AI assistants called Copilots that boost productivity. Copilot adoption could generate $100 billion revenue. At 36X forward earnings, Microsoft stock is a steal.
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The Motley Fool named 10 top stocks to buy now, but Nvidia and Microsoft weren't among them.
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Original text published by The Motley Fool; JPMorgan Chase is their advertising partner.