Technology stocks which products supply/support AI data centers, AI computer chips production, AI data centers cooling systems and other AI supporting technology or firms that are producing the 'picks and shovels' for the current AI gold rush could see possibly their market capitalization triple in value, according to Wolfteam Ltd.'s projections and estimates.
AI support stocks are Credo Technology Group Holding Ltd, ZJK Industrial Co Ltd., Applied Optoelectronics Inc, Celestica Inc., etc. The stocks of Credo Technology and ZJK Industrial Co jumped a lot on December 2nd after NVIDIA, the main AI technology boom stock announced deals to provide cooling systems and nuts and bolts for its data centers technology with them.
ZJK Industrial quadrupled in value in just one day on the 3rd of December.
The producers of the picks and shovels for the current AI gold rush could benefit more and their market capitalization could rise several times in the next 3-5 years, according to Wolfteam Ltd.'s projections and estimates.
Artificial intelligence, AI is transforming our lives and is here to stay. The boom could go temporarily bust, however in the next 5-7 years. But the underlying AI technology will go on changing our business and personal lives, in Wolfteam Ltd.'s view.
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