Got $3,000? 3 Artificial Intelligence (AI) Stocks to Buy and Hold for the Long Term
AI hyperscalers are spending billions of dollars on data centers. The result could be a decade of prosperity for long-term investors.
There's little doubt that artificial intelligence (AI) is here to stay. The burning question is: Where should investors look for stocks that will benefit from AI's growth over the next decade and beyond? Nvidia (NASDAQ: NVDA) has been the popular answer over the past couple of years since cloud companies, known as AI hyperscalers, continue to pour billions of dollars into AI data centers and the chips that power them.
Yet, the recent controversy surrounding DeepSeek's cheaper-to-produce AI models has raised questions about the longevity of Nvidia's explosive growth. Eventually, hyperscalers may not need to spend all this money on chips. That's why the top three cloud companies, Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google Cloud, Microsoft (NASDAQ: MSFT) Azure, and Amazon (NASDAQ: AMZN) Web Services, could be the actual AI winners.
Here is why investing $3,000 in available cash not needed for monthly bills, short-term debt, or to bolster an emergency fund, into them could do wonders for your portfolio over the long term.
