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Canalys research indicates that AI-enabled personal computers (PCs) will make up around 60% of all PCs shipped in 2027 and, between now and then, this sector is set to rise at a compound annual growth rate (CAGR) of 64%.

What Are "AI PCs"?

“AI PCs” are AI-enabled PCs  that come with advanced chips capable of running large-language models and apps powered by the technology directly on the device, instead of the cloud, allowing for AI to be run locally on the computers themselves and being able to be used whenever and wherever – even without an internet connection.

What's Unfolding

A major PC upgrade, and surge in sales, of computers is about to begin with the launch of AI PCs with Intel's Core Ultra chips - featuring an NPU for “low-power AI acceleration and CPU/GPU off-load” for AI tasks - which will create compelling opportunities in PC stocks. Below are 8 companies that will soon introduce AI PCs to the marketplace. The 6 companies that list their stocks on Canadian and/or American stock exchanges are included in the new munKNEE AI PC Stocks Index with their stock performances MTD in descending order, and YTD to track the effect the new products will have on their respective stock prices going forward.

1. Advanced Micro Devices (AMD): UP 14.4% MTD; UP 114.0% YTD
2. Lenovo Group Limited (LNVGY): UP 6.3% MTD; UP 61.9% YTD
3. Intel Corporation (INTC): UP 4.7% MTD; UP 77.0% YTD
4. HP, Inc. (HPQ): UP 3.7% MTD; UP 13.2% YTD
5. Motorola Solutions Inc. (MSI): DOWN 3.5% MTD; UP 20.9% YTD
6. Dell Technologies Inc. (DELL): DOWN 4.6% MTD; UP 79.9% YTD

On average the above 6 stocks are UP 0.4% MTD but UP 44.8% YTD. It will be interesting to see the extent to which these stocks appreciate (or not) as the sale of their Ai PCs take hold. The munKNEE AI PC Stocks Index will be updated on a regular basis to keep you abreast of the situation.

In addition, ASUSTeK Computer Inc. (ASUUY) shares are primarily traded on the Luxembourg Stock Exchange in the form of Global Depositary Receipts and Acer Incorporated (ACEYY) shares are primarily traded on the Taiwan Stock Exchange also in the form of Global Depository Receipts.

With all the above happening we will most likely see a snowball effect in the sales with the first launch of consumer-oriented AI PCs when consumers see how great it is to have artificial intelligence built into their own computer and, in addition, companies will begin to replace their employees' current PCs with these next-gen PCs to assist with those tasks that are typically time-consuming and save costs - cloud AI is expensive - and be more secure and more private in the process.

Conclusion

Given the above insights it suggests that the future is bright for the above companies as they capitalize on the coming AI PC boom.

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