Here's an Unexpected Artificial Intelligence Winner You Probably Weren't Thinking About
Artificial intelligence (AI) is a new technology that is really built atop old technologies. In fact, it can't operate without a few very basic products and services. For example, if the power goes out AI doesn't operate. But more to the point, AI has to live somewhere and Nucor (NYSE: NUE) provides the things that are needed to build the structures that house AI. Here's why this unloved company could get an AI boost in the years ahead.Artificial intelligence may sound fancy, but it is really just a computer program. That's important to remember because computer programs have to run on computers, which is why Nvidia is such a hot stock. It makes the chips that function as AI's brain. But there's so much more going on here than just chips.Image source: Getty Images.Continue reading
Artificial intelligence (AI) is a new technology that is really built atop old technologies. In fact, it can't operate without a few very basic products and services. For example, if the power goes out AI doesn't operate. But more to the point, AI has to live somewhere and Nucor (NYSE: NUE) provides the things that are needed to build the structures that house AI. Here's why this unloved company could get an AI boost in the years ahead.
Artificial intelligence may sound fancy, but it is really just a computer program. That's important to remember because computer programs have to run on computers, which is why Nvidia is such a hot stock. It makes the chips that function as AI's brain. But there's so much more going on here than just chips.
Image source: Getty Images.
