Forget Nvidia: 3 Artificial Intelligence (AI) Stocks to Buy Now
Nvidia has been the artificial intelligence (AI) stock to own over the past year and a half. However, the expectations built into the stock are mind-boggling and could spell disaster in the future.
Yet AI is here to stay, and if you're looking to invest in this sector, I'd consider these stocks before considering Nvidia.
Taiwan Semiconductor Manufacturing (NYSE: TSM) makes many of the chips that go inside all the devices that power the incredible AI technology being used today. With Nvidia's GPUs being packed full of TSMC products, it's also benefiting from its performance.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
With 25 Buy predictions and not a single Sell prediction Taiwan Semiconductor Manufacturing Co. Ltd. ADR is an absolute favorite of our community.
As a result the target price of 173 € shows a slightly positive potential of 8.53% compared to the current price of 159.4 € for Taiwan Semiconductor Manufacturing Co. Ltd. ADR.