2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade
Leading companies that are involved in artificial intelligence (AI) technology have already driven big gains for investors over the last year, but it's not too late for investors to capitalize. Almost every industry will eventually benefit from the increases in productivity that AI brings, and investors are just seeing a tiny bit of what this technology will do for businesses and consumers in the decades to come.
Let's look at two leaders in semiconductors and consumer technology that are well positioned to benefit and reward shareholders.
Advanced Micro Devices (NASDAQ: AMD) has been making chips for many years for video game consoles and personal computers. But AMD's data center business is starting to warm up after a sluggish year. It recently launched new graphics processing units (GPUs) designed for AI that could deliver significant growth.
Source Fool.com
Advanced Micro Devices Inc. Stock
The stock is an absolute favorite of our community with 70 Buy predictions and no Sell predictions.
With a target price of 176 € there is a slightly positive potential of 17.95% for Advanced Micro Devices Inc. compared to the current price of 149.22 €.
