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Where can the the AI trade go from here? Barclays weighs in

September 17, 2024 7:30 PM EDT

In a note Tuesday, Barclays analysts took a fresh look at the AI landscape, assessing the future potential of the AI trade amidst waning investor enthusiasm.

The bank said recent sentiment has been tempered by "slow end-user adoption, high cost to serve, and capex vs. revenue mismatch."

However, they argue that this time lag is typical of major technology transitions and suggest that the... More