2 Artificial Intelligence (AI) Stocks to Buy and Hold for Great Long-Term Potential
All eyes have been on the artificial intelligence (AI) market over the last year. The launch of OpenAI's ChatGPT at the end of 2022 reinvigorated interest in the technology and forced many to rethink what they thought was currently possible with AI. Advances in the generative software could boost countless industries, from self-driving cars to e-commerce, consumer products, cloud computing, and more.
A boom in AI has been a crucial growth driver in the Nasdaq-100 Technology Sector's 33% rise over the last 12 months. Dozens of AI-driven tech companies have enjoyed solid gains thanks to AI. However, the market appears to be nowhere near hitting its ceiling, suggesting it's not too late to make a long-term investment in the industry.
Chip stocks like Nvidia (NASDAQ: NVDA) and (NASDAQ: INTC) are attractive options, with both companies developing the hardware that makes AI possible. These tech giants could have much to offer investors in the coming years as chip demand rises and the AI market develops.
Source Fool.com
Intel Corp. Stock
Our community is currently high on Intel Corp. with 25 Buy predictions and 16 Sell predictions.
With a target price of 38 € there is potential for a 107.08% increase which would mean more than doubling the current price of 18.35 € for Intel Corp..
