From Nasdaq: 2025-02-14 09:04:00

Artificial Intelligence (AI) is revolutionizing industries by mimicking human intelligence, enabling machines to process data, recognize patterns, and make autonomous decisions. Gen AI and Agentic AI are enhancing AI capabilities, transforming industries like robotics, healthcare, finance, and e-commerce. Global spending on AI infrastructure is projected to soar, with U.S. tech giants investing billions in AI-driven innovation.

NVIDIA, a leading semiconductor company, is benefiting from the increasing usage of its powerful GPUs for AI development. NVIDIA’s GPUs support the development of Large Language Models essential for Gen AI, with strong demand for its H200 Tensor core GPU. The company is pioneering advanced healthcare services and retail shopping assistants with its innovative AI technologies.

Broadcom, a key player in networking products, is experiencing strong demand for its custom AI accelerators (XPUs). The company recently launched the industry’s first Face-to-Face (F2F) 3.5D XPUs, strengthening its AI portfolio. Broadcom expects significant growth in AI revenues and sees massive opportunities in the AI space.

Palantir, a prominent AI software developer, deployed its Artificial Intelligence Platform (AIP) in 2023, leveraging ML technologies and Gen AI models to help customers make informed decisions. The company’s collaboration with partners like Microsoft and Oracle is expanding its footprint in the U.S. federal domain, offering secure cloud and AI solutions to businesses and governments globally.

Investors can explore AI stocks with massive growth prospects through Zacks Thematic Screens, identifying companies at the forefront of AI-driven innovation. The future of AI technology looks promising, with companies investing billions in AI infrastructure and development efforts, offering significant growth opportunities for investors.



Read more at Nasdaq: Top AI Stocks You Should Buy to Revitalize Your Portfolio