Search
Applied Materials, the preeminent manufacturer of chip - making equipment in the United States, has emerged as a top - tier selection for a host of analysts. These analysts are of the firm belief that the company is poised to keep reaping the rewards from the ongoing expansion in the realms of artificial intelligence (AI) and data center construction.
At present, data centers are significant energy consumers, accounting for roughly 4% of the entire U.S. energy supply. Projections indicate that this figure is set to skyrocket, reaching 12% by the year 2028. Analysts highlight the fact that both artificial intelligence and data center construction are still in their formative years. In light of this, Applied Materials is seen to possess substantial potential for growth, as it stands to capitalize on the burgeoning demands in these sectors.
-
C114 Communication Network -
Communication Home
