Prediction: This Artificial Intelligence (AI) Stock Will Lead the Next Tech Bull Market
Cloud computing and semiconductor stocks have been at the forefront of the tech bull market throughout the AI revolution.
For much of the last two years, a small concentration of mega-cap artificial intelligence (AI) stocks have played a major role in sending the stock market to new highs. Among the biggest winners were Nvidia, Amazon, Alphabet, Microsoft, and Meta Platforms.
Nvidia's graphics processing units (GPUs) are considered the industry gold standard for generative AI hardware, and cloud hyperscalers and others in big tech just couldn't stop buying these pricey chipsets. While GPUs are still very much in demand, I think a new chapter is quietly unfolding within the broader AI storyline.
Let's explore why the AI opportunity is more than just chips. From there, I'll go into detail about why I see Oracle (NYSE: ORCL) as a breakout candidate to lead the next bull market.
