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Here’s Why Tesla Is Set to Win Big in the AI Race – Motley Fool

AI has proven to be invaluable during the manufacturing process itself. AI-powered cameras and sensors can thoroughly inspect each car as it moves along the production line, detecting even the tiniest defects that human eyes might miss. Early identification of quality issues enhances product reliability and customer satisfaction.

Goldman Sachs: AI’s GDP Impact Could Be Bigger Than Electricity – PYMNTS

Innovations in electricity and personal computers unleashed investment booms as the technologies were adopted. —Early research shows AI can improve coding speed and make writing tasks twice as fast. In call centers, it boosted agents’ productivity while also improving customer satisfaction and reducing employee turnover. Estimates are that nearly half of work tasks could be significantly automated or augmented by AI.

AI Boom Fuels Stock Surge For Little-Known Hardware Firm –Bloomberg

Isu Petasys Co., which counts Alphabet Inc., Nvidia Corp. and Microsoft Corp. as customers of its multilayered boards, has seen its share price surge this year – among the biggest gainers on South Korea’s index. —“Hardly any local companies directly supply Nvidia and Google, but Isu Petasys got the job,” said an analyst at Yuanta Securities Korea Co. “If the AI boom continues, so will the interest in the company.”


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🤖 AI And The Markets

AMD Doubles Down On Its AI Future. How Analysts See It Measuring Up to Nvidia. –  Barrons

Citi raised its rating on AMD stock to buy from Neutral and his target price on the stock to $136 from $120. He said the new target was based on a price-to-earnings multiple of 40 times AMD’s forecast 2024 earnings, based on its server share gains and AI opportunity.

SoftBank’s Arm Targets $60 Billion Value In September IPO – Bloomberg

Arm has “had a hugely important but behind-the-scenes and not-very-well-understood role for a very long time,” said Bob O’Donnell, president of TECHnalysis Research. “There’s this raised awareness now of what Arm does and the role that it plays.” Arm executives may still be gunning for a valuation of as high as $80 billion, but the odds of achieving such a target are uncertain, but why with the large ecosysten it plays in?

Interesting Take On AI Market Momentum

Cheap AI Chip Stocks That Smart Investors Will Snap Up – InvestorPlace

AI chip stocks can generate strong returns for investors as the technology gains momentum. While some AI chip stocks are flying too close to the sun, these three undervalued AI chip stocks look promising.

Questions Investors Should Be Asking Inception-Stage Generative AI Founders – TechCrunch

We are at the dawn of the generative AI era, similar to the prior PC, web, mobile and cloud eras, which represents a sea of change in how consumers and businesses will interact with technology. However, building successful companies will require a specialized focus from founders. As we meet with many AI-native founders, here are the top five pieces of company-building advice we’re sharing with them.



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🤖 AI And The Markets

AI Is Unlocking Major Wealth Potential For Robotics Stocks – InvestorPlace

The biggest productivity gains will come when artificial intelligence merges with robotics. —AI is just software. It’s a piece of code or, more specifically, machine-learning algorithms coded in the cloud or on a computer. It has no physical component. That means by itself, AI simply cannot automate most tasks. Enter robotics and these stocks.

Tom Lee Called The Bull Market This Year – Says That August May Be Bumpy But Sees Markets Up EOY. – CNBC

Blackstone’s Next Play: Data Centers For AI Boom -TheRealDeal

Blackstone’s flagship fund is quietly making a major push in the data center sector, recognizing the growing need for the properties as artificial intelligence proliferates. –The Blackstone Real Estate Income Trust turned into a seller in recent months to support its data center play, the Financial Times reported. BREIT has looked to increase liquidity to fund purchases as well as to meet redemption requests. The article talks more specifics.


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🤖 AI And The Markets

AI Chip Stocks Still Have a Long Runway – MarketBeat

Growth will be measured in years and perhaps decades. So it’s possible that investors are at the beginning of a super cycle for chip stocks. To support that point of view, Grand View Research estimates the AI chip market could grow to $134.64 billion by 2027. That would be a compound annual growth rate (CAGR) of 5.9%. —That’s why now is still a good time to invest in chip stocks. And the three stocks listed below all appear to have long runways for future growth.

Morgan Stanley Strategists Say US Stocks Are In A 2019-Like Rally – Yahoo Finance

Morgan Stanley’s rockstar analyst, Michael Wilson, on Monday, after months of soaring stocks, changed his tone and now sees the rally running further. –“The data we have today suggests to us that we are in a policy-driven, late-cycle rally,” he wrote. The most recent example of this occurred in 2019 when the Federal Reserve paused interest rate hikes and then cut rates as its balance sheet expanded toward the end of the year. Read the article for more of Mike Wilson’s capitulation thoughts.

Nvidia Chips Dominate AI. Demand Is ‘Off The Charts.” -Barron’s

Bernstein says the current limitation on Nvidia’s revenue is the advanced chip-packaging capacity at semiconductor foundries. As packaging capacity expands next year, Nvidia will have the potential to generate $75 – $90 billion in data-center AI revenue for 2024, versus the $42 billion consensus call among Wall Street analysts. Read more..


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🤖 AI And The Markets

Google, Microsoft, And Meta Can’t Stop Talking About A.I. — Here’s Why Apple Rarely Mentions It – CNBC

During calls after this week’s earnings reports, Alphabet CEO Sundar Pichai said “AI” 66 times. Microsoft CEO Satya Nadella and his execs said it 47 times. And Meta CEO Mark Zuckerberg and the exec team said the magic phrase 42 times, per CNBC analysis. During May’s Apple earnings call, CEO Tim Cook only said “AI” twice, and that was in response to a question. During Apple’s 2hr software launch event in June, it never said the phrase, although it announced several new features powered with AI.

A New Study Highlights A Much Bigger Group Of Companies That Stand To Benefit From AI – WSJ

The working paper analyzes the workforce makeup at each of 2,500 publicly traded companies to determine how many jobs at each could either be replaced or made more efficient with the help of generative AI. Then it compares those findings to the companies’ stock-market performance following the release of the AI tool last November. Here is what they found.

How Nasdaq-100 ‘Special Rebalance’ Has Impacted The Big Seven Tech Stocks

As of the end of June 2023, Microsoft had a 12.8% weighting, Apple had a 12.2% weighting and Nvidia and Alphabet were around 7%. In total, the top 10 stocks accounted for around 55% of the portfolio. —Following a “special rebalance” from Nasdaq to address overconcentration, allocations to the largest tech stocks have been cut. The changes took effect this week. —This may help investors as rotation into other stocks seems to be happening in the markets for a more broad based rally.

An Incredible AI Growth Stock To Buy Before It Soars – Motley FOol

While Innoviz is among the more thinly covered stocks on Wall Street, analysts that follow the company are overwhelmingly bullish. Of the six analysts that cover Innoviz, five rate it a buy or strong buy, and not a single sell. J.P. Morgan is the most bullish on Wall Street, with an overweight (buy) rating and a price target of $13, which suggests a 300% upside. —JPM expects substantial revenue increases in the second half of 2023, citing “industry-leading” backlog of $6.6 billion, per agreements with Volkswagen and BMW Group.


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