Companies like McEwen Mining (NYSE: MUX) (TSX: MUX) will Capitalize on Growing Demand for AI Resources

October 24, 2024 09:06:12

Artificial intelligence is rapidly reshaping the landscape of economies around the world. Estimates indicate that generative AI alone will triple its growth to a total market value of $1.3 trillion in the next decade.

As most investors know by now, there is a surge in the demand for energy-guzzling data centers that are designed to develop and train AI systems. They also know that advanced semiconductor chips are at the heart of all AI technologies. However, many haven’t considered that critical minerals, such as…

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