2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade
From Nasdaq:
Investors are eager to capitalize on the AI revolution, with Bloomberg Intelligence forecasting the generative AI market to generate $1.3 trillion in revenue by 2032. Nvidia and Palantir Technologies are prime candidates for investment, dominating the AI chip and software markets, respectively. Nvidia boasts a 90% share of the AI chip market and expects its revenue to jump by 119% to $59 billion this year. Palantir, ranked No. 1 in the global AI software platform market, saw its revenue rise by 20% year over year, driven by its Artificial Intelligence Platform (AIP). Investing in these companies is a good move given the mammoth revenue potential in the AI industry.
Read more: 2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade