3 Millionaire-Maker Artificial Intelligence (AI) Stocks
Artificial intelligence (AI) has been referred to as a generational opportunity by leadership at some of the top tech companies in the world. While some of the benefits are already beginning to be felt, AI still looks to be in the early stages of its development as a revolutionary technology.
Given that there is still a long way to go in AI's development, there is also seemingly plenty of opportunity left for companies to benefit and potentially help make investors who get in early into millionaires. Let's look at three stocks across AI infrastructure, cloud computing, and software that could push a millionaire-making portfolio to its goal over the long haul.
Nvidia (NASDAQ: NVDA) has been one of the biggest AI winners thus far, but that doesn't preclude it from continuing to be a big winner. Computing power is paramount for training large language models (LLMs) and running inference needed for AI's development and operations. Nvidia's graphics processing units (GPUs) have proven to be one of the best chips to accomplish these tasks. One of two big GPU designers, Nvidia has been able to take a dominant market share of nearly 90% in the space with the help of its CUDA software platform, which makes it much easier to program GPUs for various AI tasks.
Source Fool.com
