AI 'driving' valuation growth for Big Tech stocks: Analyst

08/01/2023 00:44
AI 'driving' valuation growth for Big Tech stocks: Analyst

Tech companies like AMD, Qualcomm, and NVIDIA are set to report earnings in August. Constellation Research Principal Analyst and Founder R "Ray" Wang joins Yahoo Finance Live to talk about what he calls "MATANA" stocks, also known as Microsoft, Apple, Tesla, Alphabet, NVIDIA, and Amazon. Wang explains how "AI is driving the valuation growth" and how "there was pre-Chat GPT and then post-Chat GPT," for these tech stocks.

Tech companies like AMD, Qualcomm, and NVIDIA are set to report earnings in August. Constellation Research Principal Analyst and Founder R "Ray" Wang joins Yahoo Finance Live to talk about what he calls "MATANA" stocks, also known as Microsoft, Apple, Tesla, Alphabet, NVIDIA, and Amazon. Wang explains how "AI is driving the valuation growth" and how "there was pre-Chat GPT and then post-Chat GPT," for these tech stocks.

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