Nvidia leads AI investing, but Amazon, Microsoft, and Alphabet poised for growth

From NASDAQ.: 2024-09-21 09:15:00

Nvidia dominates AI investing with GPUs purchased by big cloud companies, but future growth may decline as computing needs are met. Amazon, Microsoft, and Alphabet are poised to benefit from the next wave of AI investments and cloud computing growth. Amazon’s AWS leads in cloud computing profit, while Alphabet offers potential for profit growth and Microsoft remains steady. Alphabet and Amazon are favored over Microsoft for investment potential. Potential investors should consider these key factors before buying Amazon stock.



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