Wharton's Jeremy Siegel predicts Big Tech boom driven by A.I.

Wharton professor Jeremy Siegel predicts a Big Tech boom fueled by AI, driven by an AI chip craze and demand for AI-powered chatbots and high-powered graphics processing units. Despite concerns of a bubble, Siegel believes it is not a bubble yet and that AI stocks have helped lift the S&P 500, making it a winner from the banking crisis. Nvidia's recent blowout earnings and announcement of a new class of large-memory AI supercomputer have contributed to the surge in demand for Nvidia chips used in AI.