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The next big technology frontier and how to play it, according to Oppenheimer

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The next big technology frontier is artificial intelligence — and the hardware that powers it is a rapidly growing market, according to investment bank Oppenheimer.

Oppenheimer predicts the market for artificial intelligence hardware could be worth $105 billion by 2025.

AI refers to machines replicating characteristics and behaviors of human thinking. Advancements in semiconductors have accelerated development in AI computing through improved processing power.

“Artificial Intelligence, once the stuff of science fiction, has arrived,” Oppenheimer’s Rick Schafer said in a note. “Investors have taken note and rewarded early leaders like NVIDIA.”

Carey
Careyhttps://inforingpress.com
Carey enjoys writing about technology and its impact on society. She is particularly interested in how new technologies are changing the way we live and work. Carey has a background in journalism and marketing, and she is passionate about using communications to help people understand complex topics.

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