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2 No-Brainer Artificial Intelligence (AI) Stocks to Buy Right Now - The Motley Fool
To invest in the rapidly growing artificial intelligence (AI) industry, you needn't look any further than the following two no-brainer AI stocks that are rocking the market.
- NVIDIA Corporation (NVDA):
NVIDIA Corporation is well-known for its GPU technology used extensively in gaming. Be it for providing visual experiences or enabling supercomputer performance for handling big data, NVIDIA has been consistently proving its mettle in AI-driven solutions.
The company’s data center sales, which account for around one-third of its total revenue, have been primarily driven by demand for AI-related and high-performance computing services. This demand is also expected to surge due to the rapid adoption of AI in various industries like healthcare and finance.
- Microsoft Corporation (MSFT):
Microsoft is another no-brainer AI stock that you may want to consider adding to your portfolio. The software giant has been consistently investing in AI technology and is reaping its benefits through Azure, its cloud computing platform.
Azure offers services such as Cognitive Services and Machine Learning, which are aimed at helping businesses leverage AI to make informed decisions. By capitalizing on this growing market, Microsoft is well-positioned to reap significant profits from its AI-related products and services.
In conclusion, these two no-brainer AI stocks - NVIDIA Corporation and Microsoft Corporation - are a clear indication of the potential profits that can be generated by investing in companies that spearhead AI innovation. As AI technology continues to advance and penetrate various industries, these stocks hold great promise for the future, making them compelling buys for those looking to make a mark in the lucrative AI market.
Source: "artificial intelligence" - Google News, Link
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