2 Artificial Intelligence (AI) Stocks You Can Buy and Hold for the Next Decade
According to projections from Grand View Research, the artificial intelligence (AI) market will grow at a compound annual rate of 37% through 2030. That trajectory would see the sector hit an annual market value of nearly $2 trillion by the end of the decade. With growth like that on the horizon, it would be smart to dedicate a portion of your portfolio to companies that can capitalize on this budding industry.
The launch of OpenAI's ChatGPT in November 2022 reinvigorated interest in AI and highlighted just how far the technology had come. AI can bolster countless industries, among them healthcare, consumer tech, productivity software, cloud computing, and autonomous vehicles.
However, it'll take time for AI to expand its reach and for companies to fully exploit its potential. While that process continues, here are two exciting AI stocks you can buy and hold for the next decade.
Source Fool.com
