Artificial intelligence (AI) stocks are all the rage right now, and hedge funds have been quick to jump on the bandwagon. In this blog post, we’ll take a look at the 12 best AI stocks to buy according to these funds. From big players like Apple and Amazon to up-and-coming companies like ServiceNow and Alibaba, the AI industry is booming.
The technology industry as a whole has been investing heavily in AI, with companies pouring cash into their AI initiatives in order to stay ahead of the competition. AI startups and initiatives have been popping up left and right, and many big firms are rolling out new AI-based products and services.
Even the semiconductor industry is getting in on the AI action. Advanced Micro Devices (AMD) plans to create AI chips by the end of 2023, while Intel is set to release an AI PC in December. The International Data Corporation predicts that AI stocks will create 12 million jobs worldwide by 2028.
But it’s not just tech companies that are getting in on the action. QualComm and NXP Semiconductors are also making moves in the AI world. And of course, Warren Buffett himself has invested nearly $690 million in AI stocks.
As AI becomes more prevalent, organizations will continue to invest in AI initiatives. While there are concerns about job elimination, many believe that AI will actually enhance workflow and streamline operations. With companies like Apple, Amazon, and Adobe leading the way, AI stocks are set to be the next big thing.
So, if you’re looking to get in on the action, these are the top AI stocks to buy right now. But which one will you choose? Let us know in the comments below!
Comment below and let us know which AI stock you think is the best investment right now!
IntelliPrompt curated this article: Read the full story at the original source by clicking here