From Nasdaq:

1. Investing in artificial intelligence (AI) offers a plethora of opportunities, particularly in the hardware space. ASML (NASDAQ: ASML) is a key player in this realm, providing lithography machines essential for the creation of advanced microchips.
2. Key consumers of ASML’s machinery include Taiwan Semiconductor (NYSE: TSM). Renowned for its innovative culture and advanced chip technology, TSMC is well-positioned for continual revenue growth in the AI value chain.
3. Another crucial component in the AI value chain is Nvidia (NASDAQ: NVDA), renowned for its best-in-class GPUs. As AI’s computing infrastructure continues to expand, Nvidia is expected to remain a strong performer in this space.
4. Super Micro Computer (NASDAQ: SMCI) specializes in server design, catering to the need for highly efficient systems to maximize AI model performance. As demand for AI computers grows, Supermicro continues to excel, driving stock performance upwards.
5. A basket of AI suppliers offers a diversified investment approach, providing significant opportunities in the AI space regardless of which company emerges as a dominant player. This group comprises critical suppliers that are essential for all AI models.



Read more: 4 Phenomenal Companies That Will Be Massive Winners, Regardless of Who Wins the Artificial Intelligence (AI) Arms Race