Hewlett Packard has just surged as AI demand begins to feed through into the wider technology market. For me, this is powerful evidence that the next phase of the artificial intelligence boom will extend far beyond Nvidia and the obvious AI stocks.
The AI infrastructure build-out needs servers, networking equipment, data centres, cybersecurity, storage, semiconductors and vast amounts of ordinary computing hardware. That means forgotten technology companies and apparently boring value stocks could suddenly be revalued as investors discover their place in the AI value chain.
In this video, I explain why HP’s share-price jump matters, where AI demand may appear next and why cheap technology stocks could become the next major AI investment opportunity. I also look at Oracle, cybersecurity companies and the overlooked businesses that could profit as global AI spending accelerates.
The first phase of the AI bull market belonged to the obvious winners. The next phase could belong to companies most investors have not even considered.
