'Big Short' Fame Investor Picks Nvidia And AMD As Most Obvious AI Investment Opportunities, But Thinks Apple Is 'Hidden' Play
Portfolio Pulse from Benzinga Advisor
Renowned investor Steve Eisman, known for his role in 'The Big Short,' has identified Apple Inc. (AAPL) as a major player in the AI market, suggesting it could see substantial gains from AI-driven apps. Eisman also highlighted Nvidia (NVDA) and Advanced Micro Devices (AMD) as obvious AI investment opportunities.
May 22, 2024 | 6:23 am
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Steve Eisman identifies Apple as a hidden AI play, suggesting its AI strategy could lead to substantial gains, especially with a potential refresh of its entire product line driven by AI apps.
Eisman believes Apple's AI strategy will drive significant growth, particularly with a refresh of its product line once AI-driven apps become mainstream. This could lead to increased demand for Apple's devices.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Steve Eisman identifies Advanced Micro Devices as an obvious AI investment opportunity.
AMD is highlighted as a significant player in the AI market, which could drive its stock price up as AI technology continues to advance.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Steve Eisman highlights Nvidia as an obvious AI investment opportunity, with its fiscal first-quarter results due soon.
Nvidia is recognized as a leading player in the AI market, and its upcoming fiscal first-quarter results could provide further insights into its performance and potential.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 70