BOTZ - Will AI Compensate For A Low Expected Equity Risk Premium?

2024-02-23 11:00:00 ET

Summary

• The surge in demand for Nvidia’s computer chips for artificial intelligence applications inspires some observers to claim that a new era for the economy is dawning.
• Inflation and growth are at the top of challenges that will potentially fade as an AI-driven world emerges.
• Powered by excitement over Nvidia’s blowout results and the implications for growth in an AI-driven economy, the S&P 500 Index rebounded to a fresh all-time high yesterday.

The surge in demand for Nvidia's computer chips for artificial intelligence ((AI)) applications inspires some observers to claim that a new era for the economy is dawning. AI, runs the thinking among the most optimistic minds in this realm, will reorder and solve any number of issues on the macro front....

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