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The next great winners in AI may surprise you
I saw my first cell phone, used by a real person, in 1987.
It was owned by an executive friend of my father’s. Calling it a “telephone” seems generous by today’s standards. It looked more like military hardware than consumer technology.
It was a huge black brick attached to its carrying case. It wasn’t the one pictured below, but it was similar.
Credit: Mark Swallow
At the time, it seemed unimaginably futuristic.
Almost no one had one. In those days, most of us still lived with landlines mounted on kitchen walls…or tangled cords stretched halfway across the house for “private” conversations.
So, the idea that someone could make a phone call from a car, an airport, or in the middle of nowhere seemed like a miracle.
Eventually, when the free market mechanism worked its magic, the price fell, the technology improved, and cellular technology finally became accessible to ordinary people.
Soon everyone had a cell phone.
Ultimately, one company rose above all others.
Nokia.
At that time, Nokia not only dominated the mobile phone business, but for many people it was the mobile phone business.
Its phones were reliable, indestructible, sophisticated and ubiquitous.
Most consumers – and most investors – cannot imagine a world in which Nokia is no longer king of mobile technology. Until late 2007, their phones were the industry standard and they seemed unstoppable.
But everything changed later that year when Apple unveiled the iPhone. You probably know the rest of that story…
- By November 2009, Apple had become the most profitable phone maker.
- By April 2011, Apple had become the world’s largest phone maker by revenue.
- By July 2011, Apple had surpassed Nokia in the number of smartphone units shipped.
The companies that dominated the first phase of the mobile revolution were not the ones that would dominate the next phase.
According to legendary investor Louis Navellier, AI may now be approaching a very similar turning point.
Detect change early
Over the past four decades, Lewis has earned a reputation for spotting major technology trends early. Long before Nvidia became synonymous with artificial intelligence, Lewis was recommending the stock to his followers.
That’s why he is now a 5000% winner in his country Growth investor service.
Years ago, he realized the potential of companies like… apple (Apple), Amazon (Amzn), and Google (Google) Before they became household investment names. That’s why it was recognized before Market monitoring As the advisor who “recommended Google before anyone else.”
For nearly three years, Lewis has already been guiding his subscribers to take advantage of the explosion in data center construction.
At that time, like companies intel (Intech), Samsung, Taiwan Semiconductor (TSM), micron technology (in), and Texas Instruments (Texan) All of them have just pledged to expand and modernize their facilities in the United States, creating strong demand for their services and solutions Emcore Group, Inc (He does) He provides.
EME is a leader in electrical, mechanical, energy, industrial infrastructure and building services through three companies.
- Emcore Construction Services Company Specializing in mechanical and electrical construction, fire protection, and design and construction solutions for hospitals, data centers and commercial sites.
- EMCOR Building Services Provides a range of comprehensive building services, including site maintenance, renovation and retrofit, energy services, HVAC services, mechanical services, landscaping, construction, and energy efficiency improvements.
- Emcore Industrial Services It provides engineering, fabrication, fabrication and maintenance services to heavy industries such as oil refineries and biotechnology semiconductor facilities.
When he recommended the stock, Lewis highlighted that the company’s management noted that it continues to face “strong demand for semiconductor and data center construction projects,” which should add to its top and bottom lines going forward.
Since this choice, the EME has risen more than 280%.
Although the stock is growing, it is still below Lewis’ purchase price of $932. This means that he believes he still has room to run.
The next AI transformation has begun
Now, he believes artificial intelligence may be approaching another major transformation.
This is not the end of the artificial intelligence boom.
But it’s potentially the beginning of a whole new phase — one that could create a new generation of winners while leaving some of today’s AI leaders behind.
According to Lewis, the next phase of AI may not simply involve better chatbots or faster image generators.
In his new showhe dives into what is happening. It’s a story that involves massive government-backed computing infrastructure, and next-generation AI systems and technologies capable of dramatically expanding the scope of what AI can actually do.
In fact, he believes this shift could become so significant that many of today’s dominant AI companies may eventually become like Nokia after the iPhone.
That’s why I strongly encourage you to do so Watch his new show While it is still available online.
The pace of technological change is much faster than it was in 2007, when Apple crushed the unstoppable Nokia.
Facing that next big change can make a big difference in your wallet.
Enjoy your weekend,
Luis Hernandez
Editor-in-Chief, InvestorPlace
