Previous close | 112.77 |
Open | 112.82 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 450.00 |
Expiry date | 2024-01-19 |
Day's range | 112.77 - 112.82 |
Contract range | N/A |
Volume | |
Open interest | N/A |
As millennials and Gen Z-ers inherit an estimated $60 trillion in wealth in the coming decades, these are the brands they may be inclined to spend on.
Every company in the $1 trillion club is investing heavily in artificial intelligence (AI). Apple (NASDAQ: AAPL) touted several AI-powered features in its latest iOS update and new iPhone release. Amazon (NASDAQ: AMZN) is the leading cloud computing platform, and it just unveiled its new Trainium 2 chip design to enable developers to train their large language models while using less computing power.
The market for artificial-intelligence (AI) accelerators is dominated by Nvidia (NASDAQ: NVDA). The company reportedly sold half a million AI GPUs in the third quarter, with more than half of that total going to Microsoft and Meta Platforms. Nvidia's H100 GPUs are a hot commodity, with AI companies scrambling to secure enough accelerators to tap into soaring demand for AI services.