#Chase High! Demand for superior chips to support the AI boom will not end in the near future. Demand for production and supply of such Hi-end chip will not end soon. Nvidia being on the forefront with huge capital will do its best research to keep improving its chip performance. Slight profiting from current gain, yes. Dive, no way!
Cloudflare and ServiceNow could be big winners as artificial intelligence evolves into a multitrillion-dollar market. Artificial intelligence (AI) spending across hardware, software, and services totaled about $200 billion last year, according to Grand View Research. But that figure is expected to soar 820% to exceed $1.8 trillion by 2030. In other words, the AI market is forecast to compound at 37% annually through the end of the decade. Many companies will benefit from that rising tide, but Cloudflare (NET -2.74%) and ServiceNow (NOW -1.35%) stand out because they have strong footholds in relevant markets. Additionally, both stocks trade at reasonable valuations compared to Wall Street's growth expectations. Here's what investors should know. 1. Cloudflare Cloudflare operates a connectiv