September 16, 2024

SILVER IS THE NEW AI PLAY – TRADER MAGNET IS MUCH HIGHER, FED WEEK

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Silver Is The New AI Play

Please click here for a chart of silver ETF (SLV).

Note the following:

  • The chart is a monthly chart to give you the long term perspective.
  • In The Arora Report analysis, silver has the potential to become an AI play.  
    • Silver is extensively used in electronics that go into AI data centers.
    • AI data centers are power hungry.  Some data centers are being built next to huge solar farms.  Silver is used in solar cells.  First Solar (FSLR) is the leader in utility scale solar farms. 
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