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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 and how to play it, according to Oppenheimer

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Nvidia headquarters in Santa Clara, California, on Tuesday, Feb. 23, 2021.

David Paul Morris | Bloomberg | Getty Images

The next big technology frontier is synthetic intelligence — and the {hardware} that powers it’s a quickly rising market, according to funding financial institution Oppenheimer.

Oppenheimer predicts the marketplace for synthetic intelligence {hardware} might be value $105 billion by 2025.

AI refers to machines replicating traits and behaviors of human considering. Advancements in semiconductors have accelerated growth in AI computing by improved processing energy.

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

Companies like Nvidia are on the forefront of the technology, however Oppenheimer additionally recognized different publicly traded companies main in AI silicon growth. Take a have a look at its record:

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