Posted 3/15/2024, 2:20:00 PM
Nvidia Fuels AI Boom Poised to Spread Across Stock Market
- Nvidia has led an AI boom that will spread to 3 other areas of the stock market infrastructure, enablers, and productivity gains
- Infrastructure stocks like semiconductors, cloud, and utilities will benefit from AI adoption
- Software and IT services firms will be AI enablers that help other companies utilize AI
- Companies like retailers and healthcare that adopt AI will see productivity gains
- Goldman Sachs identified stocks poised to benefit in each next stage of the AI trade