Artificial intelligence (AI) is a technology that copies how people think and process information, making it useful for companies in many innovative fields. AI chips process large amounts of data in emerging AI technology. As an essential component, companies involved in the design and manufacturing of AI chips are likely to benefit from the growth of AI development. In 2023, the AI sector attracted a lot of media coverage and investors. The potential size of the AI market is still unknown because we keep finding new ways to use AI technology. AI chip companies in this list are likely to benefit from the growing interest in the AI market.
The Magnificent Seven, the group of the most valuable U.S. tech companies by market capitalization, was coined by Bank of America analyst Michael Hartnett in early 2023. They are in descending order: $Apple (AAPL.US)$ (recent market cap: USD3.45 trillion), $Microsoft (MSFT.US)$, $NVIDIA (NVDA.US)$, $Alphabet-C (GOOG.US)$, $Amazon (AMZN.US)$, $Meta Platforms (META.US)$, and Tesla (recent market cap: USD799 billion).
Tesla stock has not be...
1. descending triangles break outs, OR
2. support/resistance flipping into strength
Using this opportunity to share some of my findings with everyone;
Stocks: $TSLA $NVDA $CART $PYPL $ASTS $SOFI $CRM
$Tesla (TSLA.US)$ , $NVIDIA (NVDA.US)$ , $Instacart(Maplebear) (CART.US)$ , $PayPal (PYPL.US)$ , $AST SpaceMobile (ASTS.US)$ , $SoFi Technologies (SOFI.US)$ , ...
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