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U.S. adds 500,000 millionaires thanks to AI1

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dailymarketmovers.com

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editor@dailymarketmovers.com

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Fri, Aug 30, 2024 11:00 PM

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AI boom is producing millionaires in staggering numbers If you cannot see this email properly, pleas

AI boom is producing millionaires in staggering numbers If you cannot see this email properly, please click [here]( Dear Reader, When it comes to millionaire growth, America’s ranks swelled by half a million last year. That’s more than the populations of cities like Minneapolis, Oakland or Miami. And that growth was driven by the explosive rise of AI. Nvidia soared 239% last year, while … The S&P 500 rose 24% … And 500,000 new millionaires were minted in the United States. The key reason: Chip giant Nvidia. It is now the most valuable company in the world. With a market cap of about $3 trillion. Blowing past tech stalwarts Amazon, Apple, Google, Meta and Microsoft in the process. That’s why Goldman Sachs called it: “The most important stock on planet earth.” And during this massive rise in Nvidia’s fortunes … It has emerged as AI’s golden goose … Because many of the companies that have partnered with Nvidia have surged as well. [Chart]( Like ASML, whose shares have been up as much as 471% … [Chart]( And Super Micro Computer, whose stock has surged as much as 3,244%. [Chart]( And then there’s Taiwan Semiconductor … Nvidia’s longtime partner, which has seen its shares explode as much as 4,744%. How many millionaires has Nvidia helped produce just during the pilot stages of the AI boom so far? Hundreds of thousands. And Nvidia’s only getting started. In fact, right now, Nvidia’s pivoting to a new $1 trillion Superproject right now. Which means countless more millionaires could be on the way … [Click here]( to find out what we think is the best way to jump on the AI train Good luck and God bless! [Martin D. Weiss] Martin D. Weiss, PhD Weiss Ratings Founder 11780 US Highway 1, Palm Beach Gardens, FL 33408-3080 Would you like to [edit your e-mail notification preferences or unsubscribe]( from our mailing list? Copyright © 2023 Weiss Ratings. All rights reserved. DailyMarketMovers.com Disclaimer Content marked as "Sponsor" may be paid for and are not endorsed or warranted by our staff or company. The content in our emails is for educational or entertainment use, and is not a substitute for professional advice or an offer to buy or sell any securities. Neither the publisher nor the editors are registered investment advisors and we do not provide personalized financial counseling. Be sure to do your own careful research and consult with your advisors before taking any action based on anything you find in this content. By opening this email or clicking any links contained, you are reconfirming your opt-in status. This is part of your free subscription. Find full terms and conditions and disclaimer here: Find full email disclosures here: DailyMarketMovers.com part of Sandpiper Marketing Group, LLC | 1519 Mecklenburg Hwy | Unit 4 | Mt. Mourne | North Carolina | 28123 | United States | 877-411-9808 [Unsubscribe]( | [Report spam]( Sent with [ActiveTrail]( software

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