Investors can capitalize on AI revolution by investing in Nvidia and ASML Holding

From Nasdaq: 2024-12-19 07:00:00

The AI revolution is projected to have a total economic impact of $15.7 trillion by 2030, with $6.6 trillion from productivity gains and $9.1 trillion from consumption effects. Investors can capitalize on this trend with tech giants like Nvidia and ASML Holding, leading in AI hardware development and manufacturing.

Nvidia dominates the AI computing market with GPUs and CUDA software, holding an estimated 70% to 95% market share. The company’s early lead in AI hardware and proprietary platform create high switching costs for customers. While Nvidia stock is expensive, its potential for long-term growth may be undervalued.

ASML Holding is the sole producer of EUV lithography machines critical for advanced semiconductor manufacturing. With complex technology and high costs, ASML maintains a technological edge through innovation and partnerships. Trading at a premium, ASML’s unique position in the AI value chain makes it a top choice for long-term investors.

The AI data center race is just beginning, with Nvidia positioned to drive innovation for the next decade. Nvidia and ASML have established strong competitive advantages in the AI hardware chain, making them ideal for benefiting from AI’s exponential growth. As the world moves towards AGI, these industry leaders are well-positioned to lead a transformative period in history.



Read more at Nasdaq: 2 Core Artificial Intelligence (AI) Stocks to Buy and Hold Forever