4 Tech Titans Will Spend a Combined $300 Billion on Artificial Intelligence (AI) in 2025, According to 1 Wall Street Firm. This Stock Could Be the Biggest Winner.

Artificial intelligence (AI) is the most revolutionary technology in a generation. Its ability to instantly generate text, images, videos, and even computer code could drive a productivity boom for businesses all over the world.The industry is still in its infancy, but Wall Street's forecasts suggest AI could add anywhere between $7 trillion and $200 trillion to the global economy during the next decade. That's why technology giants are battling one another for AI supremacy and spending astronomical amounts of money on data center infrastructure and chips.According to an estimate from investment bank Morgan Stanley, four technology giants alone could invest a combined $300 billion in capital expenditures (capex) in 2025. Driving that spending will be AI, and with Nvidia (NASDAQ: NVDA) supplying the most advanced chips in the industry for AI development, its stock could also be the biggest winner from the spending boom.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool