To The Moon

It is reported that multiple Big Tech companies have been increasing their investments in artificial intelligence (AI) infrastructure, with a particular focus on expanding their presence in international markets. Microsoft and Amazon have already allocated over 40 billion USD combined for AI-related and data center projects worldwide this year. The rationale behind these investments is driven by the need to have data centers built in regions where the shift to cloud computing is happening, ensuring faster processing times, data privacy and security. Microsoft Microsoft has launched new Surface devices equipped with advanced AI-capable chips, emphasizing enhanced battery life and offline functionality. This move aligns with the company's strategy to integrate artificial intelligence into its Windows platform comprehensively. Microsoft daily chart Simply bullish stock pattern for Microsoft! The share price even breaks its All Time High recently. Nothing much to judge on a stock situates at its ATH position.There's no any resistance or selling pressure from trapped retailers at this level. A bullish vote for $Microsoft(MSFT)$ . Amazon Amazon Web Services is a major growth driver for Amazon in the thriving cloud services sector. Synergy in the other operating sectors could lead to further growth in the more traditional segments. The stock has doubled in price since its lows at the start of 2023. Shares have significantly outperformed the S&P 500 and online retailer segment during this time. Amazon daily chart For Amazon, I have slightly some doubt for its incoming share price movement. As we can observe from the chart above, Amazon might experience a double top pattern. Next week will be critical for Amazon and it must hold above 180 USD. Well, with all the positive sentiment in AI market, I am still bullish for $Amazon.com(AMZN)$ on next week and I think the share price will rebound after touching its EMA50 (blue) trendline support. PLTR Palantir posted upbeat Q1 results that were again led by sustained momentum in its U.S. commercial business, where it is one of the earlier software companies to meaningfully monetize generative AI. The ability to drive stronger acceleration in 2024 is being constrained by Palantir's government and international commercial businesses that aren't yet seeing similar AI tailwinds as US commercial. PLTR daily chart For PLTR, again, for the 4th time, the share price retraces to the blue coloured neckline support at around 20.30 USD. I believe history will repeat and PLTR will rebound strongly again next week once it touches this critical support, therefore I am bullish $Palantir Technologies Inc.(PLTR)$ for the company. C3.AI C3.AI was a fairly popular artificial intelligence stock back in 2023 when the AI investment wave began. The two letters in the company's name and ticker symbol prominently tell any investor or client what it specializes in. As a result of the AI investment wave, many people have piled into C3.ai's stock, although the popularity has waned. C3 daily chart C3 is having quite a similar neckline support pattern like PLTR, but not exactly the same. As you can see from the chart drawn above, 23.59 USD acts as a very strong and important neckline support for C3. The share price touched this support for at least 5 times, since Oct 2023. A rebound is to be expected next week but I think the key decider will be next week earnings result. With the good AI market momentum, I believe C3 will deliver a good result too, therefore a $C3.ai, Inc.(AI)$ vote for the company. META Meta recently rolled out AI across Facebook, Instagram and WhatsApp for free. A report has now claimed that the company is looking to launch an advanced version of its AI chatbot for which it will charge a premium from users. The subscription product, if launched, would show investors how Meta plans to recoup some of the billions of dollars it has been investing in AI. Meta daily chart Let's end our review with META technical chart. Just like other tech giants, Meta share price is doing pretty well for the past 2 weeks, although it is under a consolidation phase. The stock seems to be able to hold well at this level (above 452 USD support), in which I believe Meta $Meta Platforms, Inc.(META)$ will rally soon and challenge its ATH in incoming weeks. How do you like AI and semiconductor stocks? Which are your top picks? Are they being mentioned above, else kindly share your favourite choice in the comments below, thanks! @MillionaireTiger @CaptainTiger @Tiger_comments @TigerStars @TigerGPT @Daily_Discussion