) shares hit a record intraday high this week ahead of its 10-for-1 stock split, while new product announcements have fueled demand for stocks like AMD CEO Rajiv Ramaswami told me that while he’s excited about the revolutionary technology, “AI investments have gotten ahead of reality.”“There has to be a valid business case … to justify the cost of AI investments. There's a little bit of a disconnect between those two right now,” Ramaswami said.
“AI is going to be transformative, but it is going to take a little longer than people think. What they think will happen over the next 10 years is probably going to take 25 years," Colgrove said. Arone told Yahoo Finance that investing in companies “laying the groundwork for massive adoption” are the best way to play AI. It's the companies behind data centers, GPUs, software, and cloud services — those providing the essential tools supporting the AI revolution.
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