4 Phenomenal Chip Companies to Ride the Artificial Intelligence (AI) Investing Wave
Despite the market sell-off centered around tech stocks, investors need to keep their focus on the long term. We're still in the early innings of the AI investment wave. We've barely scratched the surface of integrating AI into business and regular life, and there will be more development in this space over the next five years.As a result, I think investors need to look at which stocks look like strong bargains, as the market is full of many opportunities to purchase the best AI stocks on sale.I'm focusing on four companies that are key suppliers in the AI race: Taiwan Semiconductor (NYSE: TSM), ASML (NASDAQ: ASML), Nvidia (NASDAQ: NVDA), and Broadcom (NASDAQ: AVGO). These are critical companies and without them, the AI revolution wouldn't look the same.Continue reading
Despite the market sell-off centered around tech stocks, investors need to keep their focus on the long term. We're still in the early innings of the AI investment wave. We've barely scratched the surface of integrating AI into business and regular life, and there will be more development in this space over the next five years.
As a result, I think investors need to look at which stocks look like strong bargains, as the market is full of many opportunities to purchase the best AI stocks on sale.
I'm focusing on four companies that are key suppliers in the AI race: Taiwan Semiconductor (NYSE: TSM), ASML (NASDAQ: ASML), Nvidia (NASDAQ: NVDA), and Broadcom (NASDAQ: AVGO). These are critical companies and without them, the AI revolution wouldn't look the same.
