2 Newly Minted AI Stocks to Buy Right Now
Wall Street is enamoured with all things artificial intelligence (AI). Nowhere is this trend more evident than in the recent parabolic growth of graphics, computing, and networking solutions company Nvidia (NASDAQ: NVDA). Thanks to its central role as a pillar of global AI architecture, Nvidia has seen its market cap swell to nearly $1 trillion in 2023. For context, the graphics and cloud computing juggernaut started the year off with a far more modest market cap of approximately $350 billion.
The impetus behind this surge in interest in AI is the simple yet powerful idea that this technology may disrupt a disparate array of industries, as well as a variety of aspects of everyday life. In the near future, for instance, AI has the potential to quicken the development of self-driving vehicles, autonomous surgical robots, factories that can churn out almost any type of good with only a handful of human workers, and more. AI is thus a potential goldmine for early investors.
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Source Fool.com
