The market rally will fade soon, but certain tech names are poised to outperform, according to hedge fund manager Dan Niles. The stock market is ending the first quarter higher , with tech stocks leading the way. The Technology Select SPDR ETF is up 9% in March, more than any other sector ETF. One name in the sector that Niles has liked for a while is Meta .
mountain Meta's climb this year There will also be certain companies that benefit from artificial intelligence. Nvidia will be the big winner, he said. The company recently unveiled new products at partnerships at its developer conference and launched its DGX Cloud, which can be used to train models behind generative AI applications. "We are going to need more powerful microprocessors as well and Intel is very, very inexpensive," Niles said.
Twenty years in a row
Brainchip! Essential A.I. Akida 2.0
Si hombre Perro Sánchez negro. No puedo más
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Market Maker DWF Labs Emerges as Top Crypto InvestorWith a constant flow of investment announcements, market maker DwfLabs is becoming one of the most active investors in crypto. Managing partner Andrei Grachev discussed the firm’s strategy with CoinDesk. BrandyBetz reports
Read more »