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U.S. Poised to Win AI Race | Business and Finance News
Description
Kevin Warsh predicts the U.S. is poised to dominate the AI race, calling it just the beginning of a transformative economic era that could boost jobs, productivity, and global prosperity. AI investment—especially in chips and data centers—has outpaced consumer spending and fueled GDP growth, with AI chipmakers like Micron and SanDisk soaring in value. Despite current cost challenges, Warsh expects a major shift in business sentiment within months, signaling AI’s imminent economic payoff.
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