Better Artificial Intelligence Stock: Apple vs. Microsoft
Whether you're a casual investor or trade professionally, you have likely heard about the boom in artificial intelligence (AI). Last November, the launch of OpenAI's ChatGPT renewed interest in AI and caused many experts to rethink what is possible with the technology.
According to data from Grand View Research, the $137 billion AI market is projected to have a compound annual growth rate of 37% through 2030. The sector's potential has attracted many of the biggest names in tech, with a race underway to see which companies can snap up the most market share. So it's not a bad idea to consider investing in the sector before it develops further.
Apple (NASDAQ: AAPL) and (NASDAQ: MSFT) are two attractive options as the first and second most-valuable companies by market cap, respectively. These tech giants have the resources to invest heavily in AI and achieve leading positions in the industry.
Source Fool.com
Microsoft Corp. Stock
With 130 Buy predictions and 2 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 437 € shows a slightly positive potential of 3.84% compared to the current price of 420.85 € for Microsoft Corp..
