Software Is the Next Big AI Opportunity: 1 AI Stock Highly Recommended by Wall Street to Buy Now
Datadog(DDOG) The Motley Fool·2024-11-29 08:30
Goldman Sachs divides the artificial intelligence (AI) boom into several different phases. The first centers entirely around semiconductor company Nvidia. The second centers around infrastructure companies like Microsoft and Amazon. And the third centers around software companies.In a recent interview, Ben Snider at Goldman Sachs told CNBC that hedge fund managers began transitioning toward AI software stocks in the third quarter. "Funds shifted a little bit away from "Magnificent Seven" stocks and toward s ...