2 Top AI Stock Picks That Aren’t Nvidia

From Nasdaq: 2024-09-16 10:12:38

Nvidia has seen soaring growth due to its AI chips; however, recent concerns over valuation led to a record share price decline. Investors are advised to diversify their AI portfolio. Apple’s stock value is on the rise, with strong revenue and earnings growth. The company is focusing on AI technology to enhance user experiences and drive future growth.

Arm Holdings, a leading semiconductor processor designer, has seen significant growth in stock value following its IPO. Strong financial performance is driven by the widespread use of its architecture in smartphones and increasing adoption for AI applications. Arm’s chips are being used by major tech companies like Microsoft, Google, and Nvidia to power various products and services.



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