Frankfurt Face recognition, voice services, traffic control: The possible applications for AI are increasing at breakneck speed. This puts the topic in the focus of investors and fund companies. First, Allianz Global Investors jumped on the AI bandwagon. That was in March 2017. Providers such as DWS, Monega and 2021 Deka followed.
Sebastian Thomas, fund manager of Allianz Global Artificial Intelligence, also wants to invest in stocks “that drive progress in this segment or benefit directly from it in order to generate steady capital growth”. He names On Semiconductor, Schlumberger and Zoominfo as examples.
On Semiconductor is a leading chip manufacturer offering intelligent power and sensor technology with a focus on the automotive and industrial end markets. The company is helping to accelerate change in vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. As more and more areas are being digitized, the proportion of semiconductors per system is increasing.
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