2 Artificial Intelligence (AI) Stocks to Buy Hand Over Fist in August
AMDAMD(AMD) The Motley Fool·2024-08-30 21:23

These companies have invested billions in AI and will likely see major gains from the industry in the coming years.Despite a surge of growth since the beginning of last year, the artificial intelligence (AI) market remains a compelling investment opportunity. The industry was worth 200billionin2023andisracingpastthatfigure,expandingatacompoundannualgrowthrateof37200 billion in 2023 and is racing past that figure, expanding at a compound annual growth rate of 37% and projected to achieve just under 2 trillion in spending by 2030. As a result, companies and investors will likely continue ...