FEATURED
Investing in AI: Aiming to identify the most compelling companies
Fidelity equity portfolio manager Sonu Kalra identifies where he finds the most compelling growth opportunities tied to artificial intelligence.
Blue Chip Growth: The Best AI Plays
Insights for investment professionals
Your browser doesn’t support video.
Key Takeaways
- Fidelity Portfolio Manager Sonu Kalra says artificial intelligence is the next major technology innovation, following the internet, the proliferation of smartphones, and the move of data off-premise to the cloud.
- Kalra, who has managed Fidelity® Blue Chip Growth Fund since 2009, along with Fidelity® Blue Chip Growth Commingled Pool, Fidelity® Blue Chip Growth ETF, FIAM Concentrated Blue Chip Growth Strategy, and other U.S. large cap growth portfolios, says Fidelity’s research team identified AI as a potentially revolutionary technology more than a decade ago.
- To benefit from the advancement of AI capabilities, Kalra has invested in some of the key enablers of the technology, such as semiconductor companies and AI-infrastructure firms that build out and support data centers.
Related Insights
Views expressed are as of the data indicated, based on the information available at that time, and may change based on the market and other conditions. Unless otherwise noted, the opinions provided are those of the authors and not necessarily those of Fidelity Investments or its affiliates. Fidelity does not assume any duty to update any of the information.