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| | February 17, 2024 | | Luke Lango Editor, Hypergrowth Investing | The Trillion-Dollar Windfall Coming Straight Toward AI  AI chip stocks are on fire right now.
And that’s before a potential $7 trillion windfall propels the entire sector ever higher.
Case in point: Have you seen Arm (ARM) stock lately?
The semiconductor chip design firm reported blockbuster earnings and lifted its profit outlook thanks to burgeoning demand for its AI chip technology. Then its stock shot up as much as 40% in just a few minutes post-earnings.
ARM stock is now up 135% in just over three months. And it joins a long list of other semiconductor stocks benefitting from surging demand for AI chips.
Nvidia (NVDA) stock is up about 225% over the past year. Advanced Micro Devices (AMD) and Broadcom (AVGO) are up 100%-plus over the past year, too, as is QuikLogic (QUIK).
AI chip stocks are on fire.
And this fire is likely to keep raging on.
Why?
A potential new trillion-dollar AI chip endeavor. | | SPONSORED Maybe you’ve seen Goldman Sachs’ forecast that the $15.7 trillion A.I. revolution will impact 300 million jobs. But Elon Musk’s “A.I. 2.0” is already forcing organizations to ramp up those estimates. Now McKinsey analysts say it could leave 800 million unemployed, as Wired.com says 70% of occupations could be replaced. Where could you and your family stand in all this? Get the Details | | The Leader in AI On Feb. 8, the Wall Street Journal reported that OpenAI CEO Sam Altman – the world’s leading AI innovator – is working to form an AI “supergroup.” He’s looking to the world’s biggest and most powerful governments, companies, and investors to pour $7 trillion into reshaping the global AI industry.
Altman's goal? To build all the chip fabrication plants, data centers, and energy production sites necessary to build, train, and deploy the most advanced AI applications.
In other words, Sam Altman hopes to create all the physical infrastructure necessary for AI to take over the world.
And we think he's going to pull it off. After all, this is the same man who kickstarted the entire AI Boom with the launch of ChatGPT. If anyone can pull off the impossible here, it’s him. | | SPONSORED After years of “behind the scenes” development, Elon Musk is ready to unleash a massive upgrade for artificial intelligence. It could create a new class of ultra-wealthy Americans. Wall Street Legend – Louis Navellier – will show you how to take full advantage. Get the Details | | The Final Word If Sam Altman proves successful in his $7 trillion endeavor, we're likely to see an unprecedented amount of money flow toward AI infrastructure.
It would be a spending boom unlike anything the world has ever seen before.
And it could likely result in an AI chip stock boom unlike anything we’ve seen before.
It's time to start preparing for this massive spending boom.
That’s why, this past week, we put together a brand-new portfolio of the best stocks to buy to prepare for this radical development.
We’re calling it the “AI Endgame.”
Find out how to get on the winning side of the fast-approaching AI-powered future. Get Our Top AI Stock Picks | | Luke Lango Editor, Hypergrowth Investing On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. | | | |
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