Ai Stocks To Hold For Long Term

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Ai Stocks To Hold For Long Term

Ai Stocks To Hold For Long Term

AI is the talk of the town and isn't something that's going away in a few years. In fact, the use of AI will continue to increase in everyday life. So, it is a no-brainer to invest in some AI stocks to enjoy good gains in the long term.

After careful analysis of the market, experts have chosen 3 AI stocks that you can hold for the long term. Including Taiwan Semiconductor (TSM), Amazon (AMZN) & Alphabet (GOOGL).

This trio consists of all blue-chip stocks and represents key players in the tech & AI field. Being blue-chip stocks, you can also save yourself from the excessive risk of investing in small to mid-cap stocks.

Alphabet &Amp;Amp; Amazon

Cloud computing is the need of the hour, but not every company can spend billions on AI. So, what these companies can do? They can rely on cloud computing providers such as Google Cloud and Amazon Web Services (AWS).

These 2 companies have a big share of the cloud computing market. But let's not forget that cloud computing is just one of the many things these companies do!

So, if you want to join the AI bandwagon without any excessive risk, you can always opt for Alphabet & Amazon stock.

Taiwan Semiconductor

Next up is Taiwan Semiconductor (TSMC), which is a key player in the manufacture of AI chips. In fact, many established players in the AI field also outsource their chips to the TSMC.

You can think of this firm as a chip foundry: They can make chips for the firms who can't or don't want to do it themselves. The company produces CPUs and GPUs which are used in the cloud computing sector, data centers, and so on.

Also, the TSMC continues to innovate and launches new tech all the time. Right now, the firm is making 3nm chips and is working towards the launch of 2nm chips.

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