What Bubble? 4 Incredible Numbers That Show AI Is the Real Deal.
Is this a bubble, or the beginning of the next big thing? That's the question investors ask themselves when a new technology trend begins to take off.
That's definitely what's been happening in artificial intelligence (AI) stocks recently. On the back of this new technological capability, the tech-heavy Nasdaq-100 is up 39.5% on the year, and the iShares Semiconductor ETF is up a stunning 47%.
While some AI-related stocks may be a bit ahead of themselves, both of the aforementioned indexes are actually still below their all-time highs from late 2021. Meanwhile, new numbers and projections that have emerged over the past few week or so by industry participants indicate AI is likely the real deal, and set to create a lot of new revenue, profit, and economic value in the years ahead.
Source Fool.com
