Here's one stock to play the 'almost perfect marriage' between A.I. and crypto, according to Needham

CNBC

3 days ago

While the possibilities are still coming into focus, Needham sees at least one near-term opportunity for investors, and a stock to play it. In the near term, the infrastructure level is the place for investors,

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NVIDIA Corporation (NASDAQ:NVDA) is an ideal stock to play the 'almost perfect marriage' between A.I. and crypto, as the company has been at the forefront of developing hardware and software solutions for both industries. NVIDIA's GPUs, for example, are utilized for cryptocurrency mining, while its AI-based software helps to power a variety of applications in both industries. As A.I. and crypto continue to develop, NVIDIA is well-positioned to benefit from the 'almost perfect marriage' of the two technologies.

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