research indicates that the AI-enabled personal computers (AI PCs) sector is set to rise at a compound annual growth rate of 64% between now and 2027 and make up around 60% of all PCs shipped that year. 
What Are “AI PCs”?
“AI PCs” are AI-enabled personal computers that come with chips capable of running large-language models and apps directly on the device, instead of the cloud, allowing for AI to be run locally on the computers themselves and being able to be used whenever and wherever – even without an internet connection.
What’s Unfolding
A major PC upgrade and a resultant surge in sales is about to begin with the launch of AI PCs – computers with Intel’s Core Ultra chips, which will create compelling opportunities in PC stocks. Below are 6 companies, constituents in the new AI-Capable PC Stocks Index, that list their stocks on Canadian and/or American stock exchanges and will introduce such AI PCs to the marketplace in 2024. Their stock performances in December (i.e. MTD) are listed below in descending order and for all of 2023 (i.e. YTD), to begin tracking the effect the new products will have on their company’s stock prices going forward.AI-Capable PC Stocks Index
On average the above 6 stocks were up 4.3% in December and were up 49.3% in 2023. It will be interesting to see the extent to which these stocks appreciate (or not) as the sale of their Ai PCs take hold.More By This Author:
