In the grand theatre of artificial intelligence…
OpenAI recently takes center stage.
The company that created and owns ChatGPT – is creating a technology renaissance.
It’s DOMINATING the AI industry…
But it’s also paving the way for other companies to follow in its wake all the way to the bank – if not the NYSE itself.
Like the tech pushes that came before it…
AI could have a bubble as well – but if it does – we’re very far away from it even inflating, let alone popping.
So, every investor and their mother are looking to cash in on this new – and potentially dangerous – phenomenon…
But it’s Microsoft that’s already at the AI pay window.
Getting in early with OpenAI was a very smart move for the company that Bill Gates built…
And it’s paying off – big time.
How big?
Keep reading and you’ll see…
Microsoft (MSFT), owns a robust 49% stake in OpenAI.
They used this stake to steal a little of the AI company’s thunder recently – by reminding people that it owns almost HALF of this revolutionary venture.
How did it remind them?
Through its stock price…
OpenAI’s performance didn’t just help Microsoft’s stock climb – it practically strapped on a jetpack and zoomed into outer space.
Shares jumped almost $15 in just 4 days of trading last week.
But let’s not kid ourselves…
Microsoft’s recent success isn’t JUST riding on the coattails of ChatGPT.
The market’s current mood seems to hint at a potential pause in the Federal Reserve’s rate-hiking…
This possibility has investors breathing a sigh of relief.
The reason is simple…
Lower interest rates make future profits look more tantalizing.
Yet, even if the economic tides turn rough or interest rates start soaring…
Microsoft’s sheer size and stability mean it’s likely to weather the storm like a well-anchored ship in a sheltered harbor.
And should its stock price take a temporary dive…
Well, that’s just a sale sign for investors to grab a piece of this tech titan at a discount.
However…
As good as Microsoft is…
The AI investment era is FAR from over.
As all eyes are now on Nvidia (NVDA) – the high-tech chipmaker and supplier to the AI elite.
It’s poised to reveal its quarterly earnings on November 21st – and the anticipation is killing analysts and experts alike.
Wall Street’s crystal ball gazers have set their hopes at a lofty $18 billion…
A number that overshoots Nvidia’s own $16 billion forecast.
But here’s where the plot thickens…
China’s economic slowdown looms like a dark specter – threatening to cover Nvidia’s chip sales.
In this game of forecasts and figures – it’s Nvidia’s own predictions that hold the key to understanding the broader AI market’s trajectory.
In conclusion, as the AI world is just beginning its first rotation around the sun…
OpenAI and Microsoft are playing their parts to perfection.
With Nvidia waiting in the wings – the stage is set for a continuing saga of technological wins, market maneuvers and investor interest…
So, the next few years should be fun!
However, if you’re wondering WHEN the right time is to invest in one of these new tech titans – and don’t want to lose money or miss out on an opportunity…
Then you might want to join GorillaTrades.
Our data driven recommendations take thinking, fear and emotion out of the equation – and just takes numbers into consideration.
It makes it easy…
We’d love to have you with for our next round of picks – but understand those that like to go it alone.
Either way…
Do yourself a favor and keep your eye on AI.
It’s definitely the next big thing…
“A year spent in artificial intelligence is enough to make one believe in God.” – Alan Perlis