A Bull Market Is Coming: 2 AI Stocks to Buy Now and Hold Forever

No doubt about it, artificial intelligence (AI) is 2023's hottest tech trend. Beyond that, it's also helped power big gains for the stock market. Some analysts and industry watchers have already hailed the beginning of a new bull market. But regardless of what definition of bull market you use, the market's next big bullish phase will almost certainly see big gains for top AI companies. 

For long-term investors, putting money behind top AI players could have tremendous payoffs. Read on to see why two Motley Fool contributors think that investing in Advanced Micro Devices (NASDAQ: AMD) and Microsoft (NASDAQ: MSFT) would be a smart move right now. 

Parkev Tatevosian: The rise in the effectiveness of AI is driving more people, enterprises, and institutions to use services like large language models. A prime example is Open AI's ChatGPT. Interestingly, these services require computing power to process requests from users. That's where companies like Nvidia (NASDAQ: NVDA) and Advanced Micro Devices can benefit. 

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Source Fool.com