3 AI Stocks to Buy for "One of the Largest Investment Opportunities in Human History," According to Certain Wall Street Analysts
Broadcom(AVGO) The Motley Fool·2024-07-20 08:12
Rapid growth in artificial intelligence revenue puts investors in front of a once-in-a-lifetime opportunity.In June, Swiss investment bank UBS published a report that estimated artificial intelligence (AI) will add $1.2 trillion annually to the global economy by 2027. The analysts divided the AI value chain into three layers:The enabling layer includes companies that provide the chips and data center infrastructure needed to train models and build applications. Annual revenue will reach $516 billion by 2027 ...