Artificial Intelligence (AI) Could Become a Game Changer for This Company. Should You Buy Its Stock Right Now?
Cloudflare estimates that its total addressable market could grow from $176 billion this year to $222 billion in 2027, driven by incremental growth opportunities in areas such as AI. This explains why the company has been investing in AI-specific hardware such as high-end graphics processing units (GPUs) to power its AI offerings.