Prediction: Palantir Technologies Won't Live Up to the Hype on May 5

Although tariffs have been the talk of Wall Street in recent weeks, the trend that's been captivating the attention of investors for more than two years is the evolution of artificial intelligence (AI).With AI, software and systems have the capacity to reason and act without the assistance of humans. Additionally, these systems can evolve over time to learn new jobs and skillsets, which further expands the addressable market for this technology. Based on a prognostication from the analysts at PwC in Sizing the Prize, AI can add north of $15 trillion to the global economy by the turn of the decade.Investors don't have to dig too deeply to find that stocks that have enjoyed outsized benefits from the rise of AI. For instance, graphics processing unit (GPU) giant Nvidia (NASDAQ: NVDA) surged from a $360 billion market cap at the end of 2022 to well north of a $3 trillion valuation in around two years. Nvidia's GPUs are effectively the brains that make AI-accelerated data centers tick.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool