Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
The Coming AI Boom: Will There Be an OpenAI Stock?This is the Apple of AI: Don’t Miss OutPossibly the Best AI Investment Available

The Coming AI Boom: Will There Be an OpenAI Stock?This is the Apple of AI: Don’t Miss OutPossibly the Best AI Investment Available

99bitcoins99bitcoins2024/09/16 17:12
By:Isaiah MccallSam Cooling

The Coming AI Boom: Will There Be an OpenAI Stock?This is the Apple of AI: Don’t Miss OutPossibly the Best AI Investment Available image 0

While an OpenAI stock is still a dream, as the company remains private , AI is a 5—to 10-year growth story, perfect for a mid-20s drowning-in-debt burnout… or anyone really.

Like a psychedelic trip, AI promises a kaleidoscopic future full of vivid, strange, and thrilling possibilities.

Here are the AI winners that we’re betting on for the long haul despite the treacherous terrain of projects underpromising and overdelivering.

This is the Apple of AI: Don’t Miss Out

“The computer industry is going through two simultaneous transitions — accelerated computing and generative AI.” — Jensen Huang, CEO of NVIDIA

As more companies stake their fortunes on AI, they’ll need the right graphics cards designed for AI’s heavy lifting. Today, Nvidia fills that void. But this is leading their stock price to spiral into the realm of lunacy.

The Coming AI Boom: Will There Be an OpenAI Stock?This is the Apple of AI: Don’t Miss OutPossibly the Best AI Investment Available image 1 ( NVDA )

Ask yourself: how does one peg the worth of such a thing as a stock?

To use round numbers, Nvidia made $26 billion in 2022 and is worth $2.8 trillion today. So the question becomes, would you shell out $2.8 trillion for a company that only coughs up $26 billion?

This means Nvidia must not merely do well or very well. To meet the market’s expectations, they must outpace all others by a wide margin. A single quarter of “good” but not “exceptional” performance could send the stock price tumbling.

Nvidia will continue to grow for the next decade, though, like all things, not without interruptions. It’s prudent to wait for clear dips in Nvidia’s price before investing any more in it. It’s like Warren Buffett says, “Wait for the hype to last six months until it reaches an all-time high, then buy.”

Strike that. Reverse it.

Possibly the Best AI Investment Available

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

BREAKING: FBI Operation on the CEO of the Most Talked Cryptocurrency Platform of Recent Times – Phone and Electronics Seized

The FBI launched an operation against one of the most talked about cryptocurrency platforms of the US elections. Here are the details.

Bitcoinsistemi2024/11/14 07:33

Another Good News for Bitcoin and Cryptocurrencies – BTC-Friendly Name Appointed to a Very Critical Position in the US

A name known to be cryptocurrency and Bitcoin friendly has been elected to an important position in the US. Here are all the details.

Bitcoinsistemi2024/11/14 07:33

Cardano (ADA) Foundation Announces Investment Portfolio! Do They Have Bitcoin (BTC)?

The Cardano Foundation announced that it has $478.24 million in assets, the majority of which is in ADA.

Bitcoinsistemi2024/11/14 07:33