2 Hot Stocks Riding the AI Wave
Artificial intelligence (AI) is a game-changing technology with the potential to disrupt industries and deliver massive productivity gains. While companies like OpenAI and Anthropic, which develop top-tier AI models, generate a lot of headlines, there are plenty of publicly traded companies successfully riding the AI wave as well. Two prime examples are (NYSE: ORCL) and Taiwan Semiconductor Manufacturing (NYSE: TSM), both of which look like great AI bets.
Image source: Getty Images.
As Amazon Web Services (AWS) and Microsoft Azure became the top two players in the public cloud-computing market, Oracle was largely left out. However, soaring demand for AI computing capacity has changed the story. Oracle has been rapidly building out AI-enabled data centers, and the results have been impressive.
Source Fool.com
Oracle Corp. Stock
The stock is one of the favorites of our community with 95 Buy predictions and 2 Sell predictions.
With a target price of 233 € there is a positive potential of 45.21% for Oracle Corp. compared to the current price of 160.46 €.
