From “Nasdaq”:

– 2023 was a big year for artificial intelligence (AI), leading to a 240% surge in the market capitalization of Nvidia and a market rally for Meta Platforms stock.
– Meta, currently worth over $900 billion, has made a strong rebound through financial restructuring and increasing revenues.
– Although operating in AI is not Meta’s primary business function, the company’s AI capabilities are expanding significantly, raising its market value to potentially more than $1 trillion this year.
– The increase in consensus estimates highlights Meta’s appeal; it is now considered undervalued, and its focus on AI makes it an attractive long-term investment.
– Despite Meta’s 200% share price increase, the company’s impressive potential and accelerated expansion in AI technology make it a promising investment and could point to an even further increase in market value beyond a trillion dollars.



Read more: This Magnificent Artificial Intelligence (AI) Stock Seems Destined to Follow Nvidia to the $1 Trillion Club