The next big technological frontier, according to Oppenheimer
Nvidia headquarters in Santa Clara, California on Tuesday, February 23, 2021.
David Paul Morris | Bloomberg | Getty Images
The next big technological frontier is artificial intelligence – and the hardware that powers it is a rapidly growing market, according to investment bank Oppenheimer.
Oppenheimer predicts that the artificial intelligence hardware market could be worth $ 105 billion by 2025.
AI refers to machines that reproduce the characteristics and behaviors of human thought. Advances in semiconductors have accelerated the development of AI through improved processing power.
“Artificial intelligence, once science fiction happened,” Oppenheimer’s Rick Schafer said in a note. “Investors have taken notice and rewarded early leaders like NVIDIA.”
Companies like Nvidia are at the cutting edge of technology, but Oppenheimer has also identified other listed companies that are leaders in the development of silicon AI. Take a look at their list: