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But with a forward price-to-earnings (P/E) multiple of 96, it's hard to say the stock is cheap. The forward P/E of the S&P 500 is about 23, less than one-quarter that of Arm. ARM PE Ratio (Forward ...
Though the company's total revenue increased an impressive 94% year over year in the previous quarter to $35.1 billion, that was slower than the 122% year-over-year increase Nvidia reported in the ...
C3.ai (NYSE: AI) shares bounced around after the enterprise artificial intelligence (AI) software company reported its latest quarterly results. C3.ai said that excluding income from Baker Hughes ...
Market researcher IDC forecasts that global AI-related spending could hit $337 billion next year and jump to a whopping $749 billion by 2028. As a result, technology companies selling AI-related ...
All of this has resulted in enormous gains for AI stocks -- actually over the past few years as some investors got in on these players extra early. ... since it will trade at a lower price ...
The rapid growth of the artificial intelligence (AI) market drove many stocks to record highs over the past few years. That's why shares of Nvidia, the chipmaking bellwether of that booming market ...
The stock market has ridden the excitement for artificial intelligence (AI) to new heights. It's not all hype; according to McKinsey, AI could add as much as $13 trillion to the global economy by ...
But there’s another AI-related stock that has quietly logged eye-popping gains. Shares of Super Micro Computer ( SMCI ) have surged about 296% so far in 2024, following a 246% jump in 2023.