U.S. inflation drops more than expected, U.S. stocks rise across the board

The brokerage's target price is US$1,200. Huang Renxun said that artificial intelligence computing power will increase a million times in the next ten years. The news attracted market attention, with many investors adjusting their investment strategies.

Although U.S. inflation has declined, it is still higher than expected, which may lead to a delay in interest rate cuts. The U.S. stock market as a whole is showing an upward trend, and Huida’s stock price has soared by 7%, showing the market’s optimism for the artificial intelligence industry.

Brokerage target price is $1,200

Huang Renxun pointed out that the computing power of artificial intelligence will increase significantly in the next ten years, which will bring huge business opportunities. Many brokerages have raised Huida's target price to $1,200, showing how optimistic the market is about the artificial intelligence industry.

AI computing power increases by a million times

The computing power of artificial intelligence will increase significantly in the future, which will bring many new application scenarios and business opportunities. Investors are adjusting their investment strategies to cope with this future trend.

Market sentiment is optimistic

Although inflation has fallen, it is still higher than expected, which could lead to a delay in planned interest rate cuts. However, the U.S. stock market as a whole shows an upward trend, showing the market’s optimism for the artificial intelligence industry.

• Brokers have raised Huida’s target price to $1,200
• The computing power of artificial intelligence will increase significantly in the next decade
• Investors are adjusting their investment strategies
• Market optimism about the artificial intelligence industry