Dueling Billionaires: Artificial Intelligence (AI) Stock Nvidia Is Israel Englander's Largest Stock Holding, but Philippe Laffont Has Sold Shares for 8 Consecutive Quarters
Some of Wall Street's brightest and most-successful money managers have differing approaches to the market's favorite AI stock, Nvidia.
Since late 2022, no trend has been held in higher regard on Wall Street than the evolution of artificial intelligence (AI). Software and systems having the ability to make split-second decisions without human oversight represents a technology with broad-reaching potential in virtually every industry around the globe.
As with most next-big-thing technologies, addressable market projections for AI are all over the map. But based on one prognostication from the analysts at PwC, the combination of productivity improvements and consumption-side effects can boost worldwide gross domestic product $15.7 trillion come 2030.
With an addressable market this vast, there's little question that a long list of companies, both hardware/infrastructure and practical application, can be big-time winners.
