Barclays has named several global stocks that are expected to do well as the usage of artificial intelligence-related services evolves.
The investment bank acknowledged that hardware and infrastructure giants, most notably Nvidia and Microsoft , are currently seeing the immediate benefits of the AI hype.
Still, over the long term, it said businesses in the service sector could cash in significantly.
The companies in Barclays' "Global AI Winners" basket include Canada-headquartered Telus and France's Capgemini .
The below table highlights non-U.S. stocks in Barclays' basket of AI stocks.
Persons:
FactSet, Emmanuel Cau, Capgemini, Goldman Sachs
Organizations:
Barclays, Nvidia, Microsoft, Telus, France's, Tech, Companies, Tokyo Electron, SoftBank Group, SAP, UK's Sage Group, ASM
Locations:
Canada, U.S, Taiwan, Tokyo, Europe, Amsterdam