12.12.2024 11:06:00

157 Reasons for Investors to Be Skeptical of Nvidia's Near-Parabolic Gains

Roughly 30 years ago, the internet began going mainstream and completely changed the growth trajectory for corporate America.Since the proliferation of the internet in the mid-1990s, Wall Street has been waiting for the next game-changing innovation to provide a leap forward for American businesses. While numerous buzzy trends have come and gone, including 3D printing and the metaverse, artificial intelligence (AI) appears to have answered this long-awaited call.While estimates are, understandably, fluid, the analysts at PwC are looking for the AI revolution to increase global gross domestic product (GDP) by 26% in 2030. This estimated $15.7 trillion GDP boost comes courtesy of increased productivity and various consumption-side effects.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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