Reported 27 days ago
Analyst Brad Erickson from RBC Capital Markets discusses the current state of the AI trade, highlighting that despite Nvidia's earnings beating expectations, the market is apprehensive about returns on high capital expenditures. He emphasizes the growing competition among generative AI platforms and the significance of distribution as a key factor in their success. With major investments in AI infrastructure projected to exceed $200 billion, investors face challenges in navigating this rapidly evolving landscape while relying on the future potential of these technologies.
Source: YAHOO