Better Artificial Intelligence (AI) Stock: Nvidia vs. Alphabet
The artificial intelligence (AI) industry exploded last year, with excitement over the technology unlikely to dissipate in 2024. According to Grand View Research, the AI market is projected to expand at a compound annual growth rate of 37% until at least the end of the decade, which would see it surpass a value of $1 trillion.
There's no better time to consider investing in the booming sector and potentially profiting from its long-term growth. Two of the most attractive options are Nvidia (NASDAQ: NVDA) and (NASDAQ: GOOG) (NASDAQ: GOOGL). These companies are developing the hardware and software fueling the AI market's growth, and could deliver stellar gains over the next decade.
Let's take a closer look at these companies and determine whether Nvidia or Alphabet is currently the better AI stock.
Source Fool.com
Alphabet Inc. A Aktie
Die Alphabet Inc. A Aktie ist ein Favorit: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Die Community erwartet für Alphabet Inc. A ein Kursziel von 179 €, was eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 147.32 € bedeuten könnte.
