The world of artificial intelligence (AI) is rapidly evolving, with new breakthroughs and innovations emerging every day. In this news brief, we'll explore the latest developments in the AI space, from AI stocks to AI-powered growth strategies and the future of AI leadership.
AI Stocks on the Rise
Two AI stocks, Advanced Micro Devices (AMD) and Arm Holdings, have been identified by Wall Street analysts as having 41% or more upside potential. AMD's revenue grew 14% year over year in 2024, while its earnings per share grew 25%. Arm Holdings designs chips that are used in virtually every smartphone, cloud computing, and several other markets, and its revenue grew 19% year over year to $983 million in the most recent quarter.
Nvidia's AI Chip Revolution
Nvidia is about to drop new AI chips, including the Blackwell Ultra AI chip and the Vera Rubin platform. The company's CEO, Jensen Huang, will share more about these products at the GTC developers conference. Nvidia's AI platform has "successfully ramped up" large-scale production and made
Sources
- 2 Artificial Intelligence (AI) Stocks With 41% or More Upside, According to Wall Street Analysts
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