Pune Investment：Top AI Stocks of semiconductors, chip manufacturers, software developers and cloud computing companies
Artificial Intelligence (AI) has become the talk of the town (read Wall Street) among stock market investors. As the application of Artificial Intelligence grows across a wide range of industries, including healthcare and automotive, the market senses a direct gain for the listed companies in the AI-spacePune Investment. PwC analysts predict that by the end of the decade, the global GDP will have increased significantly by over $15 trillion, largely due to the widespread deployment of AI technologies.
Some AI-led stocks that have been the darling of the over the last year are Nvidia, AMD, Broadcom, Intel and Marvell Technologies amongst others. Nvidia tops the AI-led stocks table with over 260% return in the previous 12-months.Jaipur Stock
Nvidia, AMD, and Broadcom are the only big three AI stocks with over 100% in the last 12 months.
Besides the top stocks, several other Semiconductor stocks may prove to be a winner in the long term. Micron Technologies, NXP Semiconductors, Qualcomm, Microchip and Analog Devises are some other top semiconductor stocks in the market.
Palantir Technologies is another company that has attracted investor’s interest. Last year, Palantir launched its Platform.Kolkata Wealth Management
What is important to understand for the investors is the entire landscape of these AI stocks comprising of two buckets – One, the companies that manufacture chips or semiconductors, and second, the companies that use these semiconductors to produce software to run the AI programs.
Investors have focused on companies that appeal to either of these two sectors over the last yearUdabur Wealth Management. The best artificial intelligence stocks to buy include chip manufacturers, software developers, cloud computing service providers, and IT behemoths that use AI technologies extensively. Cloud computing giants , and Google sell AI services to their corporate customers. Nvidia earnings have boomed amid demand for AI chips built into computer servers.
Alves, a consultant with UNMiss, shares her thoughts on AI stocks and where top stock analysts are leaning, “Investors are recognizing the transformative power of AI technologies, driving increased attention to top-performing AI stocks poised for explosive growth. With Nvidia leading the charge and other AI stocks such as Baidu, Mobileye Global, and Tesla capturing investor interest, the AI revolution presents myriad compelling opportunities for investors seeking to capitalize on the next frontier of technological advancement.”Varanasi Stock
Nvidia, remains the most attractive AI stock for investors globally. Trading.biz analyst Rahul Nambiampurath believes that despite the massive price surge of over 29% month-on-month, the sell levels for NVDA might not be in yet.
“NVIDIA enjoys a staggering 90% share in the AI chip market, and post the Q4 earnings report, levels closer to $950 might not be out of sight,” says Nambiampurath. Nvidia is up by 1800% over the last 5 years and by 66% YTD in 2024.
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