NEE - Buy Alert: 2 Unexpected Dividend Beneficiaries Of The AI Revolution

2024-05-26 14:36:26 ET

Summary

• The AI investment cycle is in its infancy. Thinking about the whole ecosystem unveils opportunities.
• AI infrastructure requires financing and sufficient electricity to support its growth.
• I present two compelling long-term dividend-paying beneficiaries of these new technologies.

Written by Sam Kovacs

Introduction

In January 2023 I dubbed ChatGPT as "turning point in the AI revolution". I said:

The needs of AI are going to require so much more computer processing and data than we can imagine. The growth is truly going to be exponential and secular.

There seems to be no way around this: Deploying large scale natural language processing AIs, is going to be the backbone of a new evolution of the web, which will produce an infinity more content than Web 2 ever did.

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