Bank 40% On The Surprising Company That’s Helping Battle AI’s Achilles’ Heel

You can’t turn on the TV or look at your phone without seeing a news segment centered on the next groundbreaking new thing happening in the world of AI… and for good reason!

The AI market is projected to grow 20x by the end of this decade to more than $1.8 trillion in sales. That equates to a compound annual growth rate (CAGR) of 31%!

Source: Statista

 

But if you’re just now looking at getting into AI… you’re short on both time and luck. Most of the obvious beneficiaries of AI have already been snapped up by Wall Street. So…

Forget Nvidia. Forget Google. Forget Microsoft

If you don’t already own them, it doesn’t make much sense to buy them now since their share prices are so high. But soon, the portfolio pros on Wall Street will start looking for other AI businesses that will also benefit from its explosive growth, including these three companies that are poised for massive share price appreciation in the future while paying big dividends – now.

Like I said the OBVIOUS AI investments may be out of reach for most investors… but that doesn’t mean we’re out of luck, yet.

There are still big bucks to be made in AI, for years to come… the money just might not come from where you’d expect…

 

Case in point:

Carrier Global

Most people don’t know this, but AI supercomputers can perform up to a quintillion calculations per second. But that whiplash-inducing speed comes at a major cost.. because to perform that many calculations over and over again AI processors use an extraordinary amount of electricity.

That flurry of hungry activity creates AI’s Achilles’ heel – HEAT. There are two things happen when the heat these supercomputers throw off isn’t dealt with:

  • First, it slows down the computers. While the cutting-edge chips that power today’s AI units can force themselves to run at lower speeds so they’ll generate less heat, those slower speeds would come with a big cost because their users expect instantaneous results and rather than waiting for a slow computer to respond, they’ll just ask their questions on another AI model – which is the same as losing a customer.
  • The second thing that could happen if heat remains unchecked is that – to protect themselves from catastrophic damage (a single Nvidia AI processor costs around $30,000) – the computers could simply shut themselves down. And since a computer that’s “off” can’t answer questions at all, it virtually guarantees the user will seek answers from a competitor.

That’s where our third opportunity to cash in on AI’s “Second Surge” comes in because Carrier Global (NYSE: CARR) is a world leader in air conditioning and was savvy enough to see the opportunity to apply its technology to keeping data centers – and the AI computers inside – at optimal temperatures.

That “first-mover advantage” has led to its cooling solutions being used by over 300 data centers, cooling over 1 MILLION racks of AI computers… so far. Which explains why the company has a dividend payout that has grown over 137% since 2020!

If you want to get in on the action, you need to make your move now. Its share price has shot up nearly 40% since late May of 2023, and it could easily tack that much on again in the coming months. That’s why we recommend buying Carrier Global up to $70.