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Value Meets Growth: 3 Artificial Intelligence (AI) Stocks Even Warren Buffett Might Respect - The Motley Fool

According to a recent study, the artificial intelligence (AI) market is expected to grow by nearly 30% annually over the next decade. This potentially lucrative growth is attracting the attention of even the most renowned of investors, including the notorious Warren Buffett. Here are three AI stocks that offer value and growth that might just only catch Buffett's eye, but the whole investment world as well.

1. NVIDIA (NVDA):

NVIDIA is a chip manufacturing giant that produces graphics processing units (GPUs). However, it is not just any GPU; it happens to be one of the best in the market. The company's high-performance GPUs are a core component of data centers and supercomputers worldwide. Moreover, NVDA is quickly becoming a giant in the AI realm.

The reason? Its GPUs possess AI technologies that enable them to process complex and data-intensive tasks in real-time. NVIDIA has been capitalizing on this advantage, diversifying its business model to include AI-based computing, which has resulted in double-digit annual growth rates.

2. Analog Devices (ADI):

Analog Devices (ADI) is a company that manufactures and designs semiconductors and microcontrollers used in automotive and industrial applications. Its leading-edge analog and mixed-signal technologies offer solutions in AI, IoT, and other rapidly growing sectors.

What makes ADI stand out is its prowess in process control, which has found extensive applications in AI and Machine Learning systems. Furthermore, the company's machine learning solutions are making disruptive impacts in improving the performance and efficiency of industrial machinery. In 202

Source: "artificial intelligence" - Google News, Link

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Posted by ghostaidev Team