A 17-year-old earned $72,000 after investing his e-commerce profits into stocks. Here's why he bet on the tech industry.
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A 17-year-old earned $72,000 after investing his e-commerce profits into stocks. Here's why he bet on the tech industry.
"Rather than having my money sit in an account, it was able to work for me," Sidhu said."
"I caught the AI wave at the perfect time," Sidhu said."
"AI helped me with branding, naming my stores, logos, color themes, niches, demographics, all that stuff," Sidhu said."
"I had confidence that over time it would only get better and better. I have literally seen the progression of AI since 2020."
Global AI market projections estimate potential revenue of $4.8 trillion by 2033, positioning major tech firms and AI vendors for significant gains. Demand for AI accelerated during the COVID-19 pandemic as businesses pursued efficiency and remote-work solutions. Public awareness of large language models grew after ChatGPT, prompting heavy investment and competition from Microsoft, Apple, and Google. Seventeen-year-old Samik Sidhu of Virginia ran an Etsy apparel shop and a for-profit networking community in 2024, earning roughly $37,400 and $28,000 respectively. Sidhu invested about $53,100 in Nvidia, AMD, C3.ai, and SMCI between February and May 2024 and saw returns near $72,700. AI tools supported his e-commerce branding and design choices.
Read at Business Insider
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