Artificial Intelligence (AI) Adoption Rates Appear Low, but This AI Leader Could See a Massive Surge in Demand in the Next 3 Years. Here's Why.
In a matter of years, the share price of Nvidia (NASDAQ: NVDA) has made it one of the largest companies in the world, with a market cap that currently exceeds $3 trillion. Nvidia isn't alone, either. Many other AI stocks are exploding in value.But is Nvidia stock still a buy? According to new research by The Motley Fool on AI adoption rates, the answer is a resounding yes. The statistics cited below could be surprising to many.You're probably well aware of the AI craze occurring right now. But what you might not realize is that the revolution is just getting started. This is going to be a decades-long process, creating huge buying opportunities for early investors who remain patient. Just take a look at some of the adoption statistics compiled by The Fool in its recent report.Continue reading
In a matter of years, the share price of Nvidia (NASDAQ: NVDA) has made it one of the largest companies in the world, with a market cap that currently exceeds $3 trillion. Nvidia isn't alone, either. Many other AI stocks are exploding in value.
But is Nvidia stock still a buy? According to new research by The Motley Fool on AI adoption rates, the answer is a resounding yes. The statistics cited below could be surprising to many.
You're probably well aware of the AI craze occurring right now. But what you might not realize is that the revolution is just getting started. This is going to be a decades-long process, creating huge buying opportunities for early investors who remain patient. Just take a look at some of the adoption statistics compiled by The Fool in its recent report.
