Microsoft's ChatGPT Kicked Off An Arms Race

"The change in A.I. was the ChatGPT announcement and enabling the public to use it. A.I. server penetration is small today but growing very rapidly. A.I. designed servers are more expensive because they have more processing capability. The two winners are Nvidia (NVDA) and Arista Networks (ANET)," says Andrew Graham. "Big tech companies that are off last year's highs are an excellent play since they are expanding A.I. within their businesses. A.I. is growing at double digits. If companies do not jump on this train, they will be left behind," says David Grasso.

Trading 360

02 Mar 2023

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