While much about the economy is uncertain, the rise of artificial intelligence is as sure a bet as investors can get. Here's a look at how to take advantage.
These are all great companies, and it's hard to see the AI revolution moving forward without them. Still, making a case for any of them at their current valuations is nearly impossible. Yet, in a classic case of bad news is good news, they could become more attractive later this year.
The banking industry has thus far averted disaster, with contagion fears associated with the closure of Silicon Valley Bank and Signature Bank — as well as the issues related to Credit Suisse — having dissipated in recent days. Even so, it’s reasonable to expect tighter loan conditions in the near term across the banking sector.
That could stifle personal consumption and business investment, pushing an economy already struggling with higher interest rates and elevated inflation over the edge. That would put pressure on stocks, leading to broad-based declines. While that wouldn’t be a great development overall, it may provide an opportunity to make the best of a bad situation by adding AI exposure — including the likes of Nvidia, AMD and Arista Networks.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Intel is optimizing its fabs to become an ARM chip manufacturer | EngadgetIntel and ARM, arguably two of the most important players in modern chipmaking, are joining forces..
Read more »
Intel to work with Arm on chip manufacturing compatibilityIntel Corp on Wednesday said its chip contract manufacturing division will work with U.K.-based chip designer Arm Ltd to ensure that mobile phone chips and other products that use Arm's technology can be made in Intel's factories.
Read more »
China vice president tells Intel CEO to take root in China - state mediaChina's Vice President Han Zheng told Intel's CEO on Wednesday to take root in China to help maintain the stability of the global industrial supply chain, state radio reported on Wednesday.
Read more »
Fresh revelations as Biden’s team struggles to contain intel leak falloutThe Biden administration struggled Wednesday to get its arms around the expanding diplomatic and PR disaster as the leaking of a trove of sensitive intelligence documents online has complicated relations with friend and foe alike.
Read more »
US, Ukraine say many war secrets safe from intel leaksUkraine’s leaders say they don’t see a major U.S. intelligence leak as gravely damaging future offensives.
Read more »
‘We’ve proved everybody wrong’: Ukraine claps back after counteroffensive intel leakOfficials in Kyiv are angry over leaked U.S. intel that downplays Ukraine’s ability to recapture seized territory from Russia. 'It gives us grounds for suspicion” of how seriously the U.S. backs Ukraine’s objectives, said one defense official.
Read more »