D-Wave Quantum, holding a stake of 1.80%, may potentially emerge as a competitor for industry leader Nvidia in the future. They are actively working on quantum computing technology which has the potential to significantly boost AI capabilities by leveraging the principles of quantum physics.
ASML is the leading global supplier of advanced lithography equipment essential for microchip production, with some of their top systems costing approximately $400 million each. The company could greatly benefit from the surge in AI technology, as it increases the need for more chips and the machinery to produce them. However, due to the high cost of these systems, there can be significant fluctuations in profits on a quarterly basis.
Today, C3.ai’s stock is trading around $26. After experiencing growth slowdown, accumulating significant losses, and facing inflation of its valuations due to rising interest rates, it has failed to surpass its initial public offering (IPO) price since last December. Over the past year, it has dropped approximately 12%. As we look forward, let’s examine where this stock might go in the next twelve months.