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Is TSM the Key Beneficiary of AI Prosperity?
The AI Investing Pulse
Welcome to this week’s AIIP Newsletter —July 4th, 2024
THIS WEEK’S AI STOCKS IDEAS
Taiwan Semiconductor (TSM) - Yahoo Finance
Analyst says TSM is the “Key Beneficiary of AI Prosperity” and predicts its potential growth as it ramps up production to meet demand.
Super Micro Computer (SMCI), Celestica (CLS), Applovin (APP) - Yahoo Finance
Three AI stocks to consider before it is too late that are at the forefront of innovations in machine learning and data analytics.
Nvidia (NVDA), Advanced Micro Devices (AMD), Taiwan Semiconductor (TSM) - Investor Place
Investing in semiconductors could lead to promising returns this month due to the industry's strong performance. These three semiconductor stocks are top picks for investors looking to capitalize on the sector's growth in July 2024.
Broadcom (AVGO) - Investor Place
Broadcom stock shows potential for significant growth, making it an attractive option for investors seeking strong returns. Analysts believe Broadcom is poised to join the ranks of top performers in the market.
THE MARKET
INDEX | TICKER | WEEKLY |
---|---|---|
Nasdaq 100 | QQQ | 2.26% |
S&P 500 | SPY | 1.10% |
TOP AI STOCKS & ETFs
STOCKS & ETF | TICKER | WEEKLY |
---|---|---|
Tesla | TSLA | 26.62% |
Viasat | VSAT | 14.82% |
Robo Global AI ETF | THNQ | 3.92% |
Themes Generative AI ETF | WISE | 3.21% |
AI STOCKS & ETFs NEWS
Blackrock, BNP see plenty of AI fuel left to drive equity rally - Yahoo Finance
Investors remain optimistic about the potential of AI technology despite challenges. Several top investors believe AI will continue to drive innovation and growth in various industries.
Q3 2024 US Equities Outlook: is the AI stock trade over? - Morningstar
Investors are questioning the sustainability of the AI stock trade as they consider the outlook for US equities in Q3 of 2024. Concerns are rising over the future direction of the market and the role of technology in investment strategies.
Is Google a buy? - IBD
Google stock forecast: strong buy recommendation for June 2024 with potential for significant growth. Expert analysis predicts positive performance and long-term success for investors.
Will First Solar be a beneficiary of the AI boom? - Forbes
The Impact of Artificial Intelligence on First Solar's Future. How AI Technology is Shaping the Solar Industry's Growth.
AI STARTUPS
China AI startups target Singapore as prime destination - MSN
Chinese AI startups are eyeing Singapore as a strategic hub for global growth due to its supportive ecosystem and access to international markets. Singapore's advanced digital infrastructure and favourable business environment are attracting more companies from China's burgeoning AI industry.
Rise of AI startups in India, innovation and shaping the future - Medium
Innovative AI startups in India are driving technological advancements and reshaping industries. These companies are leading the way in pioneering AI solutions and shaping the future of technology.
AI TRENDS
Goldman Sachs, MIT analysts split on AI’s future: Bubble or Breakthrough? - Crypto News
Goldman Sachs and MIT are divided on the future of AI, debating whether it is a bubble or a breakthrough. The debate highlights the uncertainty surrounding the technology's potential impact on various industries.
Can AI stock-picking tech help investors beat the market? - MSN
Utilizing artificial intelligence in stock picking may provide investors with a competitive edge in outperforming the market. AI technology can analyze vast amounts of data and patterns to help investors make more informed decisions.
OTHER…
Study reveals why AI models that analyse medical images can be biased - MIT
Study uncovers algorithmic biases in AI analysis of medical images, indicating flaws in the technology's decision-making processes. Researchers reveal the reasons behind potential inaccuracies and disparities in AI-assisted diagnostics.
Is AI about automation or augmentation? - Fortune
Investing in AI technology for automation and augmentation promises to revolutionize industries and boost productivity for businesses. Companies are increasingly recognizing the potential benefits of integrating AI into their operations for long-term growth and competitiveness.
The vital difference between machine learning and generative AI - Forbes
Understanding the key distinctions between machine learning and generative AI is crucial for harnessing the full potential of artificial intelligence technologies in various industries. While machine learning focuses on pattern recognition and predictive analytics, generative AI is responsible for creating new content and ideas.