Why AI’s Productivity Gains Are Showing Up In Earnings And Not Others

Why AI’s Productivity Gains Are Showing Up In Earnings And Not Others

NEW YORK, NEW YORK – AUGUST 23: Traders work on the floor of the New York Stock Exchange during morning trading on August 23, 2024 in New York City. Stocks opened up on the rise ahead of Federal Reserve Chairman Jerome Powell’s remarks at the 2024 Jackson Hole Economic Symposium. (Photo by Michael M. Santiago/Getty…

Seagate and Western Digital: AI Storage Demand Is Now Showing Up in Pricing Power

Seagate and Western Digital: AI Storage Demand Is Now Showing Up in Pricing Power

Introduction Artificial Intelligence (“AI”) and generative AI such as ChatGPT necessitate the need for substantial memory and storage capabilities for the storage of extensive datasets, training intricate models, and handling vast volumes of data processing. Nvidia (NVDA) is the poster child of AI and generative AI through its GPU (graphical processing units) chips. GPUs are…