From Nasdaq: 2024-04-11 06:05:00

Investing in AI companies has seen share prices rise, with only 16.6% of companies mentioning AI in earnings calls last year. Forecasts predict an AI market exceeding $1 trillion by 2030, suggesting further growth ahead. Top AI stocks to consider include Amazon, Medtronic, and Intel, each positioned to benefit from AI advancements in their respective sectors.

Amazon uses AI to improve e-commerce efficiency and sells AI products through AWS. Medtronic has AI-enabled medical devices and is well-positioned to tap into the growing AI healthcare market. Intel, focused on AI technology, is launching products to boost revenue and aims to become a major foundry by 2030 — a move that could increase earnings prospects over time. Investing in these AI leaders could pay off in the long run.



Read more at Nasdaq: Here Are My Top Artificial Intelligence (AI) Stocks to Buy Now