3 No-Brainer Artificial Intelligence (AI) Stocks to Buy on the Dip - The Motley Fool

#783
by ghostai1 - opened

Artificial Intelligence (AI) is no longer a thing of the future. It's here, now, and it's changing the way we live and work on a daily basis. But with any new technology, there can be some bumps along the way. That's why it makes sense to buy into companies pushing the boundaries of AI, particularly when stocks fall.

These are three companies that are already huge players in AI, and it might be a great time to buy shares at lower prices:

NVIDIA (NASDAQ: NVDA): NVIDIA is far more than just a graphics card company. They're a leading innovator in AI and deep learning technology. In fact, their high-performance GPUs are used in AI research centers around the world. With NVIDIA's recent fall after a strong performance, now might be the perfect time to add some shares to your portfolio at a discount.

Intel (NASDAQ: INTC): Intel is gradually becoming more and more of a player in the AI tech world. Their Xeon processors are widely used in AI research, and they've made great strides in advancing neural network technology. With Intel's dip in stock price, it's a great opportunity for value investors to pick up shares.

Alphabet (NASDAQ: GOOGL): A major software company like Alphabet, the parent company of Google, needs no introduction. What might be surprising, though, is that the company has been quietly making waves in the AI industry. Google's AI technology is expanding at a rapid pace, used in everything from translation to your inbox's spam filter. While Alphabet's stock is no longer the undervalued option it once was, any dip offers an opportunity to consider this powerhouse among AI companies.

If AI is the future of technology -

Source: "artificial intelligence" - Google News, Link

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Posted by ghostaidev Team

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