Artificial intelligence has become more than a buzzword these days as businesses look toward machine learning to cut costs, improve processes, and drive transformational changes. And naturally, the tech sector has become a huge winner in the A.I. boom. Investors have plowed some big bucks into various A.I. stocks, including chipmakers and software firms. But as the saying goes, there’s more than one way to skin the proverbial cat. In this instance, the play is something very boring and old school.
We’re talking about the red metal, copper.
Copper is key in making the A.I. dreams happen. As a major requirement for electricity production and transportation, demand for copper is set to surge. Moreover, the green energy boom is also helping drive demand. For copper miners and their investors, this has all translated into rising cash flows and even dividend payments.
