2024-03-11 13:00:00 ET
Summary
- We are one year into the generative artificial intelligence investment theme.
- In our view, this is how the second wave of the AI investment theme is likely to play out: The beneficiaries will be identified more broadly and with greater discernment.
- We believe the “Magnificent Seven” is likely to become the “Magnificent Two or Three” as the truly big tech-sector winners of the trend consolidate their positions and the also-rans get down-rated.
By Shannon L. Saccocia, CFA
The artificial intelligence investment theme made the “Magnificent Seven”—but could soon begin to disrupt it....
Read the full article on Seeking Alpha
For further details see:
The Second Wave Of The AI Investment Theme