The biggest debate on Wall Street these days involves the future potential of artificial intelligence (AI). After several years of blistering returns, some investors have begun to avoid the key players in the space due to concerns about slowing growth and talk of a bubble. Yet the truth is much more nuanced, and the available evidence suggests that AI adoption continues unfettered.
Take AI chipmaker Nvidia (NVDA 3.16%), for example. Its graphics processing units (GPUs) have become the gold standard for AI training and inference in data centers, and while relative growth has slowed, absolute demand is still…
