1. List of artificial intelligence stock leaders
Artificial intelligence will change the world like technologies such as the internet, and investors can invest in various ways.
2. List of artificial intelligence stock leaders in 2023
The artificial intelligence investment boom continues to attract investors to search for new investment targets. From now on, investors need to break away from their inherent thinking and become more imaginative. The most common bet is on well-known companies, and it seems that everyone holds their stock. NVDA is a recognized big winner, producing graphics processors for training large language models, which is the core of generative artificial intelligence.
3. What are the artificial intelligence stocks
So far this year, Nvidia's stock price has more than doubled, and it is currently ranked fifth among the most valuable technology stocks, ahead of the Meta Platforms (META) and Tesla (TSLA) AI investment boom that swept the world. At the beginning, Microsoft (MSFT) was the preferred stock in the market, holding a significant stake in ChatGPT developer OpenAI. In addition, Microsoft has also introduced AI features in a series of applications.
4. Top 10 artificial intelligence stock leaders
So far this year, Microsoft's stock price has risen 33%, with a market value of $2.4 trillion, second only to Apple's release of the artificial intelligence version of Bing earlier this year. Alphabet (GOOGL) stock was briefly sold. However, Alphabet has been investing in artificial intelligence for at least 10 years and recently announced its progress in artificial intelligence.
5. Ranking of artificial intelligence stock leaders
Alphabet has risen 39% so far this year. The other stock that has seen a significant increase is Oracle (ORCL), which has further expanded its cooperation with Nvidia to run strategic NVIDIA AI applications on the new Oracle Cloud Infrastructure (OCI) Supercluster.
6. What are the A-shares of artificial intelligence stocks
NVIDIA has chosen OCI as its ultra large-scale cloud technology provider, providing a large-scale AI supercomputing service NVIDIA DGX Cloud. In addition, NVIDIA is running its generative AI cloud service NVIDIA AI Foundations, which is provided through OCI based DGX Cloud.
7. Can artificial intelligence stocks still rise
Some AI stocks that have gained popularity among retail investors but are highly speculative have also surged in the past week. Enterprise software manufacturer C3.ai (AI) has risen by 30%, data analysis company Palantir Technologies (PLTR) has risen by 23%, and voice AI company SoundHound (SOUN) has risen by 10%.
8. Artificial Intelligence Stock Code
However, if artificial intelligence can become a world changing technology like the internet, cloud computing, smartphones, electricity, and air travel, then investors should also be able to invest in artificial intelligence through other means. Brook Dane, the technology portfolio manager at Goldman Sachs, said, "I have been investing in the technology industry for over 30 years, and artificial intelligence is one of the most exciting developments I have ever seen.
9. What are the sectors of artificial intelligence stocks
The power of AI models and the tremendous changes they have brought to the productivity of knowledge worker are far-reaching, and we are currently working to find the next batch of AI winners. "However, Diane pointed out that the relevant investment is still in a" very early stage. "Microsoft said on the recent financial report conference call that it is expected that the revenue of Azure, the cloud computing business, will grow by 26% to 27% year on year in the next quarter, Among them, artificial intelligence services account for about 1 percentage point.
10. What are the penny stock of AI stocks
For Microsoft, which has a total quarterly revenue of approximately $55 billion, this means an increase of $150 million in revenue, which is a very small proportion. Diane believes that there are four basic ways to participate in investment opportunities in the field of artificial intelligence: "shovel stocks" that allow data centers to run artificial intelligence workloads; Artificial intelligence requires infrastructure, 'because data is the key to all of this'; Network security companies; Benefiting from applications that incorporate artificial intelligence capabilities.
In terms of "shovel stocks", Dane is most optimistic about Marvell Technology (MRVL), which produces data center chips. He pointed out that Marvell Technology's chips can ensure the rapid and efficient distribution of workload. Dane also believes that the trend of artificial intelligence will give a boost to software companies specializing in electronic design automation (EDA), and he is particularly optimistic.
Cadence Design Systems (CDNS) also pointed out that artificial intelligence workloads are memory intensive, which is beneficial for DRAM and flash memory giant Micron Technology (MU) in terms of data technology. Diane stated that he has recently discussed with many companies how to deploy artificial intelligence and has seen several common themes from it.
Dane said that these companies hope to use their internal data to train models without sharing with the outside world, which requires data "cleaning" and "sandboxing" technology, with the potential to provide Snowflake (SNOW) and Datadog (DDOG)
When there is a significant change in the trend of cybersecurity threats, cybersecurity companies will always benefit from artificial intelligence, which will bring new challenges, because malicious individuals will use this technology to do things that you and I cannot imagine now. We need new forms of protection.
”Among cybersecurity companies, Palo Alto Networks (PANW) is Dane's preferred stock. He said, "By using artificial intelligence, the company will identify threats earlier, faster, and better than any other company." Dane is also optimistic about cloud security software company ZScaler (ZS).
In terms of applications, Dane said, "This is the earliest field, but over time it will become the largest. We are looking for companies that can deploy these tools in a responsible and secure manner." Providing customer relationship software HubSpot (HUBS) for small and medium-sized enterprises is one of his promising companies.
Dane pointed out that HubSpot can use artificial intelligence to improve customer marketing spending efficiency. If HubSpot can achieve this, customers will be willing to spend more money on the company's products, and the stock price will gradually rise. It should be noted that this is not a comprehensive stock selection list. Barron Weekly has previously written an article introducing other companies deploying artificial intelligence software, Including Adobe (ADBE) and Multiple Neighbors (DUOL).
In addition, ServiceNow (NOW) has recently established a new partnership with Nvidia to provide better workflow management software for enterprises. The Internet has changed various industries, and artificial intelligence will also do the same.
Editor | Copyright Statement by Guo Liqun: Original article by Barronschna is not allowed to be reprinted in English without permission. It's Time to Think Bigger on AI. These 8 Stocks Could Be the Next Winners. "was reported on May 19, 2023.
(The content of this article is for reference only and does not constitute any form of investment or financial advice; there are risks in the market and investment must be cautious.) Reporting/Feedback