TECH - Jim Cramer: The Biggest Beneficiary Of AI Is Going To Be… JPMorgan? | Benzinga
Jim Cramer surprised his co-hosts on CNBC’s “Squawk On The Street” on Thursday when he predicted that JPMorgan Chase & Co (NYSE:JPM) would end up being the biggest beneficiary of the AI boom.
What Happened: Cramer explained Thursday that we are currently in the midst of “one of the greatest markets ever,” being driven by the advancement and implementation of AI technology.
“AI is so front and center, actually happening right now, and my prediction is that the company that will benefit the most from AI is … JPMorgan,” Cramer said.
CNBC’s David Faber guessed that he was going to say NVIDIA Corp (NASDAQ:NVDA), which Cramer has long been a big supporter of. Cramer suggested that no one stands to benefit ...