3 Semiconductor Stocks Leading the AI Charge – Markets Insider
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Artificial Intelligence (AI) has received remarkable buzz this year. The release of OpenAI’s ChatGPT has captured the imaginations of technology enthusiasts, social commentators, investors and everyday consumers. ChatGPT’s profound capabilities, from helping calculus students with their math homework to debugging entire complex algorithms, has made investors contemplate: “What is next for the AI revolution?” Tech companies invested in AI breakthroughs have performed well as investors have sought to get in on the AI hype.
If an investor were looking for favorable returns on an investment in AI stocks, a safer bet could be to target the publicly listed semiconductor companies making AI possible, rather than the cash-burning businesses of some AI startups. Below is a list of 3 semiconductor stocks leading the AI charge.