Forget Nvidia: 2 Artificial Intelligence (AI) Stocks to Buy Instead
There's no question that Nvidia (NASDAQ: NVDA) has been the poster child of the artificial intelligence (AI) revolution thus far.
Nvidia's graphics processing units (GPUs) and Superchips are so in demand for cloud infrastructure companies and start-ups like OpenAI that there have been widespread shortages and a spike in prices for Nvidia components like the H100. Nvidia's products have formed the backbone of the computing infrastructure that makes apps like ChatGPT work.
But Nvidia won't have this space to itself forever. Competition is coming from the likes of Advanced Micro Devices and Intel, as well as the big tech companies that make up a significant chunk of its customer base like Apple, , and Meta Platforms, which are working on their AI hardware to reduce their dependency on Nvidia.
Source Fool.com
Alphabet Inc. C Stock
With 27 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 170 € shows a slightly positive potential of 9.62% compared to the current price of 155.08 € for Alphabet Inc. C.
