Generative AI Is Set to Drive Solid Growth in This Market: 1 Incredibly Cheap Stock You Can Buy to Make the Most of This Red-Hot Opportunity

25.10.24 11:30 Uhr

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Sales of personal computers (PCs) haven't been in great shape of late, and have been patchy at best. Per market research firm IDC, global PC shipments declined 2.4% year over year in the third quarter of 2024 after witnessing modest recovery in the previous two quarters.The situation was much worse last year and in 2022, when PC shipments dropped 14% and 16.5%, respectively, as the industry saw demand fall off a cliff following solid growth in 2020 and 2021 amid the COVID-19 pandemic.Looking at the positives, the PC demand did recover for some time. For instance, global PC shipments increased 1.5% in the first quarter this year, followed by a 3% increase in the second quarter. However, stronger PC sales in the first half of 2024 meant that retailers had already stocked enough inventory.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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