Through industry conversations, contacts and events, the analyst observes that use cases for AI and generative AI are expanding across sectors such as pharmaceuticals, financial services, media, advertising and information technology.
Investors should embrace artificial intelligence (AI) as a long‑term investment theme, even if some popular AI stocks may appear a little “frothy” in the short term, says Rahul Ghosh, portfolio specialist, global equity at T Rowe Price.
He adds that the firm’s many global technology stocks have seen accelerating organic earnings growth and operating margin expansions over the past 12 months. These trends are expected to continue through the remainder of the year
