Chip maker Nvidia soared to a record share price on the wings of generative AI. Heard on the Street’s Spencerjakab explains buying stock is one way investors can catch the AI wave. WSJWhatsNow
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Nvidia shares jumped after it forecast a revenue tailwind from the AI race, but if you don’t want to shell out for the expensive stock, there are other optionsAs tech giants such as Google, Microsoft, Amazon and Facebook rush to build AI capabilities similar to ChatGPT, they need pricey chips. And as WSJ’s Dan Gallagher explains, that’s good for Nvidia.
In a gold rush, sell picks and shovels. If you really want to play three-dimensional chess, buy the company that makes those picks and shovels.Continue reading your article with
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