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20.09.2024 13:15:00

Forget Nvidia: 1 Artificial Intelligence (AI) Stock to Buy Instead

I love Nvidia stock. Who wouldn't? Over the past year, shares have risen in value by more than 160%. Most of this rise can be attributed to rapid growth in demand for AI components. As the industry leader in graphics processing units (GPUs) -- a critical component for most AI infrastructures -- the company has seen demand skyrocket in recent years.But Nvidia isn't the only company benefiting from the rise of AI. There's one significantly smaller business that is primed to benefit as well even if the market hasn't caught on yet.Everyone's talking about AI these days. The fervor has sent the valuations of most AI businesses soaring. Yet some companies haven't seen their market caps surge as much as others. One relatively small AI business in particular has fallen under the radar. There are risks to investing in this business but also massive potential upside.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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