Investors Cast Wider Net for AI Winners After Nvidia Delivers
- Utility and grid companies may benefit from AI’s energy needs
- Hedge funds have been trimming exposure to Mag 7: Goldman
A digital display representing an AI-powered neural quantum processor.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
While the reaction to Nvidia Corp.’s results showed that Wall Street remains laser-focused on artificial intelligence, investors are increasingly looking beyond the usual suspects to find the next AI winners.
There is growing recognition that expanding AI infrastructure won’t simply benefit chipmakers like Nvidia or server companies like Super Micro Computers Inc., but will have implications for a variety of sectors.