Supported by the promising outlook for artificial intelligence, technology companies are likely to provide strong news in the upcoming earnings season, analysts said in a research report. Trump announced on Tuesday that OpenAI, Oracle and SoftBank will form a $500 billion joint venture, which analysts said could usher in a large wave of artificial intelligence investment in the United States.
There could be $2 trillion in artificial intelligence-related capital spending over the next three years to meet enterprise and consumer demand. More software companies are likely to join the artificial intelligence camp, and the enterprise consumption phase could start in 2025. (Jin Ten)
Report: The United States will usher in a wave of large-scale AI investment
2025-01-22 03:40:53
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