A less obvious area in A.I. could be an $11 billion opportunity, Bernstein says — and names 4 stocks

Artificial intelligence is getting a lot of hype — and it's easy to see why investors are excited. Goldman Sachs estimates that generative AI in particular will drive almost $7 trillion in global economic growth over the next decade, with a total addressable market of $150 billion. Tech giants such as Microsoft , with its AI-powered Bing search engine , and Alphabet -owned Google, with its Bard platform, have been among the most obvious beneficiaries.

in manufacturing: 3 big areas In a report last year, Bernstein analyst Jay Huang estimates the total addressable market for artificial intelligence in manufacturing will grow by 10 times in five years to reach $11 billion in 2025. Huang confirmed in an email to CNBC Pro on Wednesday that he is standing by his estimates. The bank identified three areas in which AI is utilized in in the manufacturing process: industrial machine vision, robot guiding and industrial software.

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This Bernstein stock-picking model beats the market by 6% a year. Here are its top picks todayBernstein combines both fundamental research and quantitative analyses to pick its winners.
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