2 No-Brainer Stocks to Profit Off the AI Boom
From Yahoo Finance: 2025-06-21 06:55:00
Oracle is seeing rapid growth in its cloud business, driving the stock to new highs. The increasing demand for semiconductors and networking switches for AI workloads benefits Broadcom. The rise of AI technology promises significant returns for long-term investors and is expected to boost the global economy by trillions of dollars.
Investing in top tech stocks that capitalize on AI services and hardware is recommended. Oracle’s stock surge is driven by accelerating growth in cloud services, with revenue expected to grow over 40% by 2026. The company’s competitive edge lies in offering integrated services for cloud and AI solutions.
Oracle’s cloud revenue grew 27% year over year and is projected to accelerate further. The company’s involvement in the Stargate project with OpenAI supports its growth prospects. Broadcom, a supplier of semiconductors and networking products for data centers, is also benefitting from the demand for AI infrastructure.
Broadcom’s custom AI silicon is in high demand, with AI semiconductor revenue growing 46% year over year. The company expects increasing demand for its networking products for AI. Its focus on AI infrastructure is driving growth in revenue and earnings, positioning it well to profit from the AI boom.