Prediction: 3 Artificial Intelligence (AI) Stocks That Will Be Worth More Than Nvidia in 3 Years
Nvidia (NASDAQ: NVDA) has been one of the biggest beneficiaries of the booming demand for anything related to artificial intelligence (AI). The company's GPUs are valuable equipment used to train large language models, which provide the backbone for generative AI. Big tech companies and cloud providers are snatching up as many Nvidia chips as they can get their hands on.
The results have been nothing short of phenomenal for Nvidia. Over the last two years, Nvidia has seen its market cap climb from about $424 billion to $3.1 trillion. It's currently sitting right above as the second-largest company in the world behind only Apple.
While Nvidia gets a lot of attention, it's important to remember it's not the only AI stock you can invest in. There are dozens of other great companies participating in the growth of AI. And the long-term prospects for some of them are even better than Nvidia's. That's why I predict these three companies could end up passing Nvidia's value over the next three years.
Source Fool.com
Microsoft Corp. Stock
With 112 Buy predictions and 3 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 424 € shows a slightly positive potential of 12.59% compared to the current price of 376.6 € for Microsoft Corp..
