Alphabet Leading AI Revolution, Not Nvidia: Goldman Sachs

Reported 6 months ago

According to Goldman Sachs, Alphabet (Google) is seen as the leader in the AI revolution among the 'Magnificent Seven' companies, compared to Nvidia. Alphabet's vast amount of data from platforms like Google and YouTube gives it a competitive advantage for developing generative AI applications like ChatGPT and integrating AI tools across its ecosystem. With a low forward P/E ratio and long-term growth potential, Alphabet stock is considered a bargain for investors looking to benefit from the AI landscape.

Source: YAHOO

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