Prediction: This AI Stock Will Be the Next to Join the Trillion-Dollar Club. And It Could Happen in the Coming Days.
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A handful of companies -- from Nvidia to Microsoft -- have seen their market value soar from the billions of dollars in recent years into the trillions. In fact, Nvidia reached a major milestone this summer when it became the first company to surpass the level of $4 trillion. It's important to note that nearly every player with a valuation of $1 trillion or more operates in the high-growth area of artificial intelligence (AI).This technology has helped revenue roar higher at these companies, and considering the growth forecasts for the AI market, this trend should continue for quite some time. The stock I'm going to talk about here has already benefited in a big way from the AI boom, and according to the company's forecasts, an enormous amount of growth lies ahead.This player wowed the market this week with its predictions for growth, and the stock surged, adding $244 billion in market cap in just one trading session. My prediction is this AI leader won't stop here; it will become the next to join the trillion-dollar club -- and this could happen in the coming days. Let's zoom in on this company that's rocking the AI market.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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