The new year 2024 will be the next big year for AI - these chip stocks are the favorites!

After the hype surrounding AI technology drove the rally in tech stocks in 2023, this year is set to be another big year for artificial intelligence (AI ). This is the opinion of UBS analysts, who have increased their medium-term sales estimate for the AI sector by 40 %. They explicitly assume that the AI industry will generate sales of $420 billion in 2027 instead of $300 billion. According to UBS, the new estimate implies an average annual growth rate of 72%, based on sales of $28 billion in 2022.   "In 2024, the semiconductor and software...