The global technology industry experienced an 18% rise in company filings mentions of artificial intelligence in Q3 2023 compared with the previous quarter, with the highest share accounted for by NVIDIA with 14% year-on-year increase, according to GlobalData’s analysis of over 1,115 technology company filings. GlobalData’s Technology: Filings Trends & Signals Q3 2023 report delves into earnings call transcripts and quarterly reports within the technology industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, artificial intelligence was one of the most frequently referenced themes in Q3 2023, ranking highest in terms of mentions, ahead of batteries and environment, according to GlobalData.
Of the top leading companies in the technology industry, NVIDIA had the greatest increase in references for artificial intelligence in Q3 2023, compared with the previous quarter. GlobalData identified 197 artificial intelligence-related sentences in the company's filings - 23% of all sentences - and an increase of 14% in Q3 2023 compared with Q3 2022. Advanced Micro Devices’s mentions of artificial intelligence rose by 706% to 145 and Microsoft’s by 123% to 145 and Palo Alto Networks’s by 263% to 127 and Arista Networks’s by 900% to 120.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for artificial intelligence in Q3 2023 was 93.
For further understanding of GlobalData's Technology: Filings Trends & Signals Q3 2023, buy the report here.