From Nasdaq: 2024-04-10 05:30:00

Artificial intelligence (AI) has taken center stage in the tech industry, with the commercial success of tools like ChatGPT driving mainstream adoption. Tech companies involved in AI have seen their stock prices surge, with room for further growth. Microsoft, CrowdStrike, and Taiwan Semiconductor Manufacturing Company are poised for success in the AI sector.

Microsoft has surged to become the world’s most valuable public company, driven by its strategic partnership with OpenAI. Microsoft’s cloud platform, Azure, supports OpenAI’s AI capabilities, giving Microsoft an edge to enhance its products and services with AI components.

CrowdStrike is a pioneer in AI cybersecurity, leveraging its years’ worth of data to automate processes effectively. The company’s strong financial results reflect its market dominance and potential for long-term growth in the AI-native cybersecurity market.

Taiwan Semiconductor Manufacturing Company (TSMC) plays a crucial role in the AI ecosystem as a global leader in fabricating semiconductors. TSMC’s advanced processes support the AI pipeline by providing critical components for data centers and GPUs, making it a key player in the AI-adjacent companies sector.



Read more at Nasdaq: 3 Top AI Stocks Ready for a Bull Run