5 Artificial Intelligence (AI) Stocks That Could Make You a Millionaire
While the hype hit new heights over the past year, artificial intelligence (AI) has been around for a while and the enthusiasm is here to stay. Bloomberg Intelligence (BI) estimates that the generative AI market could grow 40%-plus annually and reach $1.2 trillion by 2032. That level of growth will also create an estimated $280 billion in new revenue opportunities from software alone.
Missed Out on Nvidia? 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold for a Decade or Longer
Semiconductor stocks have been on fire ever since ChatGPT was launched in late 2022. Since then, a slew of new generative artificial intelligence (AI) applications have made cutting-edge graphics processing units that can handle accelerated applications a hot commodity. As Nvidia (NASDAQ: NVDA) is the leader in that subset of the chip market, its sales and stock price have been rocketing higher.