Forget C3.ai: Buy This Artificial Intelligence (AI) Stock

Artificial intelligence (AI) has existed for a while, but it seems it fully shot into the mainstream this year. With this hype has come huge surges in AI-related tech stocks, and one of the main beneficiaries of this has been C3.ai, which is up over 160% for the year through Nov. 24.

C3.ai creates AI applications for enterprises in industries like manufacturing, financial services, defense and intelligence, healthcare, and a handful more. Its main goal is to help organizations operate more efficiently, which, to a certain extent, is the main goal of AI in general.

Although C3.ai is poised to be a major player in the AI space, a better option for investors may be Taiwan Semiconductor Manufacturing Company (NYSE: TSM) because of its unique role in making sure the AI ecosystem functions on a foundational level.

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Source Fool.com