From Nasdaq: 2024-05-18 04:45:00

Artificial intelligence (AI) is a hot topic with the potential to transform daily life and business operations. The market is poised to exceed $1 trillion by the end of the decade, making it a prime time to invest in AI technology.

Nvidia (NVDA) is a top AI stock, with impressive revenue and profit growth as the leading AI chip provider. The company’s upcoming launch of the Blackwell architecture promises further growth potential, making it a solid investment choice.

Oracle (ORCL) is transitioning to become an AI leader through cloud infrastructure expansion. With a 49% increase in cloud revenue, Oracle is well-positioned for growth in the AI market, offering customers flexibility and competitive pricing.

Amazon (AMZN) leads in cloud services through AWS, driving significant sales growth with AI products. With a $100 billion revenue run rate, Amazon is set to benefit from AI technology in both cloud services and e-commerce, making it a strong investment opportunity.



Read more at Nasdaq: 3 Top Artificial Intelligence Stocks to Buy in May