From Yahoo Finance: 2025-03-22 18:30:00

Artificial intelligence (AI) stocks have been driving stock market gains, with the Nasdaq advancing more than 43% in 2023 and 28% last year. However, recent tariffs on imports announced by President Trump have caused the Nasdaq to fall into correction territory, impacting AI stocks like Nvidia, Palantir Technologies, and SoundHound AI.

Despite the short-term challenges, the long-term outlook for AI remains strong, with analysts predicting a 35% compound annual growth rate for the AI market through 2030, reaching over $1 trillion. Major companies like Meta Platforms and Alphabet have increased spending on AI programs, with OpenAI’s Stargate project set to invest $500 billion in AI infrastructure in the U.S.

Nvidia CEO Jensen Huang believes the world’s data center build-out will cost $1 trillion, highlighting the continued demand for AI technology. With AI stocks currently trading at bargain levels, now is an opportune time for investors to consider adding these promising long-term players to their portfolios and benefit from the lasting growth story of AI.



Read more at Yahoo Finance: The Silver Lining in an Otherwise Stormy Tech Market