1 Dark Horse Candidate for Best-Performing AI Stock Over the Next Five Years
No one knows which company will be the top-performing artificial intelligence (AI) stock over the next five years. We're about two-and-a-half years into the AI arms race, and few could have predicted what has transpired, let alone what will happen over the next few years.However, one company that was projected to be an early winner of the AI arms race has justified that prediction: Nvidia (NASDAQ: NVDA). Nvidia makes graphics processing units (GPUs) that are widely used to train AI models, but there could be a shift occurring. Nvidia's dominance allows it to charge top dollar for its computing hardware, and some of its clients are fed up.Now, an alternative to GPUs is emerging, and this company could be a massive winner over the next five years. The company? Broadcom (NASDAQ: AVGO). I believe that Broadcom is positioned to grow massively over the next few years and could be the top AI investment if its management team realizes its goals. Here's why.Continue reading
No one knows which company will be the top-performing artificial intelligence (AI) stock over the next five years. We're about two-and-a-half years into the AI arms race, and few could have predicted what has transpired, let alone what will happen over the next few years.
However, one company that was projected to be an early winner of the AI arms race has justified that prediction: Nvidia (NASDAQ: NVDA). Nvidia makes graphics processing units (GPUs) that are widely used to train AI models, but there could be a shift occurring. Nvidia's dominance allows it to charge top dollar for its computing hardware, and some of its clients are fed up.
Now, an alternative to GPUs is emerging, and this company could be a massive winner over the next five years. The company? Broadcom (NASDAQ: AVGO). I believe that Broadcom is positioned to grow massively over the next few years and could be the top AI investment if its management team realizes its goals. Here's why.
