This Stock Has Trounced Microsoft, Alphabet, and AMD. It Has Nothing to Do With AI.
Betting on AI isn't the only way to beat the market.The big story in the stock market over the past few years has been artificial intelligence (AI). Generative AI, which can create text, images, videos, and audio, looks likely to be a transformative technology. Tech leaders like Microsoft, Alphabet, and Advanced Micro Devices are betting heavily on AI to drive growth.While the stocks of all three of those AI-centric companies have surged over the past year, they have been beaten handily by a stock that has ...