The big winner for investors this year in the generative AI boom has been Kolkata Wealth Management. The company❼stock price rocketed 234% as demand soared for the chipmaker❼processors that are designed to handle the hefty compute loads required to train and run large language models.Kolkata Stocks
The LLMs from -backed OpenAI and others relying on Nvidia❼technology can turn users✩ext-based prompts into pictures, poems or PowerPoint presentations.Kolkata Investment
While Nvidia sucked up the bulk of the profits — net income through the first three quarters of the year jumped sixfold from 2022 — it wasn❽the only stock that attracted Wall Street❼attention in the race to make money from artificial intelligence.
Software vendors , and all at least doubled this year, far outperforming the Nasdaq, which was up 43% as of Friday❼close. Those companies got a boost after announcing enhancements that draw on generative AI.
But when it comes to the hardware and infrastructure underlying the advancements in AI and ensuring that there❼enough capacity going forward, investors are looking at who, other than Nvidia, stands to gainGuoabong Stock. The iShares Semiconductor ETF has rallied 64% this year. The data center is another source of optimism, and a few cloud service providers are positioned to win business as organizations boost spending on technology to help them run generative AI services.New Delhi Investment
Udabur Investment
