Cathie Wood Says Software Is the Next Big AI Opportunity -- 1 Unstoppable $2 Trillion Stock You'll Wish You'd Bought if She's Right
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Cathie Wood is the founder of Ark Investment Management, which operates several exchange-traded funds (ETFs) focused on innovative technology stocks. Wood thinks software companies will be the next big opportunity in the artificial intelligence (AI) industry, predicting they could generate $8 in revenue for every $1 they spend on chips from suppliers like Nvidia.Since making that call last year, Wood has backed up her words with actions by investing heavily in leading AI start-ups like OpenAI, Anthropic, and xAI through the Ark Venture Fund. Plus, Ark's ETFs hold a number of popular AI stocks like Tesla, Alphabet, and UiPath. If Wood proves to be right about AI software companies, here's why Amazon (NASDAQ: AMZN) could be among the biggest winners.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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