AI's "iPhone moment": 7 most profitable AI stocks and ETFs
On Thursday (May 4th), local time, $Microsoft(MSFT)$ announced a series of major upgrades to the search engine Bing and Edge browsers on its official website, saying that these measures are artificial intelligence technology. a new round of innovation.
The rise of AI has also ignited investment enthusiasm in this field, and investors have poured into the best AI stocks in US stocks.
According to the forecast of Grand View Research, the global AI market is expected to increase from US$137 billion in 2022 to US$1.81 trillion in 2030. It has even been suggested that we are in AI's "iPhone moment."
Generative AI platforms like ChatGPT have begun to transform our business and daily life. This field is already a hot spot of opportunity. It is not wise for investors to wait and see at this time.
Therefore, if you want to participate in artificial intelligence investment opportunities, these 7 AI stocks and ETFs in US stocks are the most worthy of attention.
If you want to say that the hottest AI stock this year is $Microsoft(MSFT)$. Not only has the tech giant invested in OpenAI, the creator of ChatGPT, but it has tied generative AI to the company's future. Microsoft recently released the AI tool Dynamics 365 Copilot, and plans to use AI to empower its core software, including the Bing search engine and Office office suite. Bing is grabbing Google's market share and is expected to become a major player in the search engine market in the future.
$NVIDIA Corp(NVDA)$ already established itself as a pioneer in the field of AI, the company's high-performance microchips drive a variety of AI software and services. In 2016, Nvidia provided OpenAI with the world's first batch of AI supercomputers to help expand the large language model. Even today, OpenAI is still using thousands of Nvidia GPU chips to train its large language model. In addition, Nvidia also provides various internal AI solutions, such as the Launchpad platform.
After the birth of ChatGPT, the idea that $Alphabet(GOOG)$ $Alphabet(GOOGL)$ can only passively follow is actually a serious misunderstanding. Although the company's own AI chatbot Bard did not perform as expected, the technology giant has extensive experience in the field of deep learning. In recent years, it has given up a number of major projects to focus on AI. Alphabet will Highly dominate this field in the next few years.
In addition, despite ChatGPT and Microsoft's AI-powered new version of Bing, Google's share of the search engine market is still as high as 93.37%.
$C3.ai, Inc.(AI)$ is a company provides a unique AI service suite. The company develops AI solutions and software that generates sales for industry giants such as Microsoft, Alphabet and Amazon. The stock is on track for an 18% gain from its current level, according to analysts at Tipranks. C3.AI CEO Tom Siebel predicts that the potential software market for AI will reach $600 billion, and he predicts that enterprise AI applications will soon be available to everyone.
5 $CrowdStrike Holdings, Inc.(CRWD)$
Cybersecurity company $CrowdStrike Holdings, Inc.(CRWD)$ uses its powerful AI to generate alerts and advanced testing tools to identify and stop the most sophisticated threats. Statista reports that the company's cloud-native endpoint protection platform, Falcon, dominates the market with a market share of 12.6%. Thanks to strong demand, CrowdStrike's revenue in the fourth quarter of 2022 grew by more than 50% year-on-year, which is rare among software-as-a-service (SaaS) companies.
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$SoundHound AI Inc(SOUN)$ is a conversational AI technology and voice assistant company that provides Dynamic Interaction and Generative AI solutions, and the company is targeting the huge market of the automotive industry. The company's latest product, SoundHound Chat AI, heralds a new era of voice and conversational AI, and integrates software engineering, machine learning, and generative AI to deliver a digital assistant experience only seen in sci-fi movies.
Keyvan Mohajer, CEO of the company, said that conversational AI has reached a critical moment, and the company's growth rate of more than 45% last year and very positive financial forecast support this view.
7 $ROBO Global Artificial Intelligence ETF(THNQ)$
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In addition to investing in individual stocks, exchange-traded funds (ETFs) are also a good choice, such as the $ROBO Global Artificial Intelligence ETF(THNQ)$ ). The companies THNQ invests in provide technical support and infrastructure for AI, such as computing power, data, and cloud services, as well as various AI application fields, such as e-commerce, business processes, and medical care.
The ETF's holdings include industry giants like Microsoft, Nvidia, and $Amazon.com(AMZN)$ , as well as 65 other AI-related stocks.
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