The Zhitong Finance App learned that on Monday, AI application software stocks continued to be active. Palantir (PLTR.US) rose more than 1% to a new high, ServiceNow (NOW.US), Shopify (SHOP.US), and CRM.US (CRM.US) rose more than 3%, and SAP SE (SAP.US), Snap (SNAP.US), and Workday (WDAY.US) rose more than 1%. According to the news, Bank of America Securities upgraded the SAFTSE rating from weaker than the market to buying, and the target price was raised sharply from 160 US dollars to 285 US dollars. Bank of America pointed out in the report that although the share of revenue directly related to artificial intelligence is still small, it is optimistic about the long-term future of its enterprise-level AI.

Furthermore, Goldman Sachs chief US stock strategist Ben Schneider and TMT expert Pete Callahan pointed out that the AI investment narrative is shifting from semiconductor capital expenditure to application layers such as the “deductive economy” and personal intelligence. Callahan said bluntly that “programming AI is no longer a market secret”, and the market is desperate to find the next AI story.

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