The bulls were running on Thursday as the S&P 500 closed at a fresh record amid positive economic signals. However, an even bigger disruption is brewing that could create generational fortunes - the artificial intelligence (AI) revolution.
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AI's Stunning Rise
While Silicon Valley has been laser-focused on AI for years, recent breakthroughs like ChatGPT have catapulted the immense potential of AI into the mainstream. AI is being adopted over 40x faster than the internet, with applications rapidly permeating every sector. This AI wave is projected to create an astonishing $15.7 trillion in new wealth.
The Next Wealth Opportunity
One of the most intriguing AI plays flying under most investors' radars is a little-known supplier of crucial technologies to Elon Musk's new AI venture. This company owns a secretive facility producing potentially game-changing AI chips that could vastly outperform Nvidia's offerings. Yet its valuation remains a fraction of Nvidia's.
Legendary Bets Revealed
Remarkably, famed investors like Ken Griffin and Ray Dalio have already poured billions into this under-the-radar AI supplier, strongly suggesting they expect it to be an industry disruptor and wealth-creator.
While short-term market moves will continue being driven by economic data and corporate earnings, the generational fortunes of the future may very well be minted in the rapidly evolving AI space. Don't let this transformative megatrend pass you by while celebrating market milestones.
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Elon Musk’s Favorite A.I. Stock?
Forget Nvidia, Microsoft or Google.
Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock.
Why?
Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.