Photoshop Is Getting Artificial Intelligence -- Why That's a Big Deal for Adobe

By Travis Hoium – May 25, 2023 at 6:30AM

NASDAQ: ADBE

Adobe

Market Cap

$212B

Today's Change

(-0.77%) -$3.68

Current Price

$473.44

Price as of April 25, 2024, 4:00 p.m. ET

Adobe has a clear AI pitch to its customers.

Adobe (ADBE -0.77%) is bringing artificial intelligence to Photoshop, and it makes all the sense in the world. As Travis Hoium covers in this video, if AI ends up being an incremental technology improvement it will make Adobe's business stronger.

*Stock prices used were end-of-day prices of May 24, 2023. The video was published on May 24, 2023.

Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe. The Motley Fool recommends the following options: long January 2024 $420 calls on Adobe and short January 2024 $430 calls on Adobe. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.