2 No-Brainer AI Stocks to Buy Right Now

Artificial intelligence (AI) continues to be the biggest driving force in the stock market today. While investors are still grappling with which stocks will be AI winners and losers, this trend remains in focus. Let's look at two stocks that look like no-brainer AI winners.

The AI infrastructure market is already starting to show signs of shifting in a way that benefits (NASDAQ: AVGO). While Nvidia continues to dominate the market with its graphics processing units (GPUs), there is an increasing desire among hyperscalers (owners of large data centers) to find cheaper alternatives, especially when it comes to inference, which is an ongoing cost every time AI answers a user's query or performs a task.

One of the best ways to do this is with custom chips called ASICs (application-specific integrated circuits). Unlike GPUs that can be programmed for various functions, ASICs are hardwired for specific tasks. As such, they generally perform them very well, while also being more energy efficient. Broadcom is the leader in ASIC technology, where it provides the building blocks to turn its customers' designs into actual chips that can be produced in mass quantities.

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Source Fool.com