2 Top Artificial Intelligence (AI) Growth Stocks to Buy Now
Savvy investors are on the hunt for ways to safely cash in on the artificial intelligence (AI) boom. The game-changing technology is expected to bring enormous cost-savings and productivity gains to organizations that embrace it. AI, in turn, could boost the global economy by a whopping $15.7 trillion by the end of the decade, according to consulting firm PwC.
Companies that help their customers harness the power of AI are likely to generate handsome rewards for their investors. Read on to learn about two tech leaders that are particularly well-positioned to deliver AI-fueled profits to their shareholders.
Nvidia has been one of the biggest winners of the AI boom, and rightfully so. The semiconductor giant makes the lion's share of the chips that power the most advanced AI applications. But demand for these cutting-edge chips is so high that companies of all sizes are clamoring for more supply -- and Advanced Micro Devices (NASDAQ: AMD) intends to provide it.
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 17.77% for Advanced Micro Devices Inc. compared to the current price of 149.44 €.
