AI and Semiconductors: 1 Growth Stock From Each Industry to Buy Right Now
Investors who keep an eye on the technology sector have probably noticed that companies operating in the artificial intelligence (AI) and semiconductor sectors tend to dominate the news. And for good reason -- both industries promise to play an irreplaceable role in the future by transforming the way we experience everyday life.
AI will automate monotonous tasks and speed up complex ones, and it might even add $200 trillion in output to the global economy by 2030 (according to Ark Invest). And advanced semiconductors are finding their way into every electronic device we use, from our smartphones to our smart refrigerators.
Fortunately, investors are spoiled for choice when it comes to owning a stake in those game-changing technologies. I'm going to share one stock from each industry that I find to be among the most intriguing, especially for the long term.
Source Fool.com
