Investors may find Amazon a better long-term investment in AI technology than Nvidia.

From Nasdaq: 2024-06-01 13:08:00

The technology sector is experiencing a renaissance with AI breakthroughs sparking investor interest. Nvidia leads the pack in returns among the “Magnificent Seven” tech companies. But Amazon, with a diverse portfolio and AI integration, looks like a better long-term bet. Nvidia faces competition, but Amazon has room to grow with its ambitious AI plans and strong financial position. Investors may find better value in Amazon over Nvidia for long-term gains.



Read more at Nasdaq: Prediction: This “Magnificent Seven” Artificial Intelligence (AI) Stock Could Be a Better Investment Than Nvidia Over the Next 5 Years