Nvidia has invested in Brookfield’s AI infrastructure fund, which aims to raise $10 billion and acquire up to $100 billion in AI assets. AI has vast potential to increase productivity and drive medical breakthroughs, but the world needs to invest $7 trillion in AI infrastructure over the next decade to fully realize its benefits.
Brookfield also launched a new cloud services company using Nvidia’s designs to build specialized AI data centers. The company’s investments span across infrastructure, power, and credit, positioning it to capitalize on the AI infrastructure megatrend. Brookfield projects 25% annual earnings per share growth over the next five years.
Brookfield’s strategic investments in AI infrastructure, alongside its partnership with Nvidia, make it a top AI stock to buy. Despite trading at around $45 per share, Brookfield’s estimated value is $68 per share, with a target of $130 by 2030. The company’s growth potential and discounted shares make it an attractive investment opportunity.
Read more at Nasdaq: Here’s My Highest Conviction AI Stock to Buy Right Now (HINT: It Recently Partnered with Nvidia)
