Prediction: These 2 Artificial Intelligence (AI) Semiconductor Stocks Will Reclaim Their Spots in the Trillion-Dollar Club by Year's End
Two major chipmakers recently lost their places in the trillion-dollar club.
Just seven public companies boast market capitalizations of at least $1 trillion, as I write this, and other than conglomerate Berkshire Hathaway, each of them is a technology company.
The artificial intelligence (AI) trend has provided an intense tailwind for tech stocks in recent years, propelling the likes of Nvidia and Meta Platforms into the trillion-dollar club with Apple, Microsoft, Amazon, and Alphabet.
However, some powerhouse companies that previously reached the 13-digit milestone have lost so much ground in recent months that they're back below that level again. That group includes a pair of AI chipmakers that I view as great buys right now, and on course to reachieve trillion-dollar valuations in 2025.
