University of Kwazulu-Natal

3 Best Ai Stocks To Buy In August The Globe And Mail

Bonisiwe Shabane
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3 best ai stocks to buy in august the globe and mail

A European AI infrastructure company is quietly outgrowing established cloud giants with purpose-built technology and strategic positioning. The productivity software leader is successfully monetizing AI integration across its massive user base, while competitors struggle with adoption. The social media giant's AI investments are already paying dividends in advertising revenue even as it pursues ambitious superintelligence goals. Artificial intelligence (AI) is one of the most transformative technologies of our time, driving unprecedented advancements in sectors ranging from healthcare and transportation to communications and beyond. For investors, this creates a landmark opportunity to back the companies at the forefront of this revolution. As we head into August, three companies in particular stand out for their strategic positioning and potential for growth in the AI space.

Written by Charles Munyi for InvestorPlace-> InvestorPlace - Stock Market News, Stock Advice & Trading Tips Over the past three weeks, the AI bubble has deflated. Investors are demanding a higher return on AI spending, while others like Elliott Management have raised questions on valuations. However, in the recent selloff, some of the best AI stocks have been thrown out with the bath water. Going forward, AI stocks will face increased scrutiny.

Investors want to see a return on investment and actual AI revenues. Only stocks with demonstrable and real-life AI use cases will get a lift. The three stocks discussed below are already generating billions in AI revenues. Additionally, in their recent quarterly earnings calls, their executives outlined the significant demand they were seeing. Indeed, all disclosed they were struggling to meet demand since they were supply-constrained. After being unfairly punished in the recent selloff, these three companies are among the best AI stocks to buy.

Nvidia -- the chipmaking leader -- continues to maintain a wide moat in the GPU market. TSMC is the world's leading foundry, and it continues to benefit from the proliferation of AI chips. With a monopoly on the technology used to make advanced chips, ASML is in a strong position. Artificial intelligence (AI) continues to be a driving theme in this market. One of the smartest ways to continue playing this trend could be with semiconductor-related stocks that are poised to continue to benefit from the ongoing data center buildout. Let's look at three stocks across three different areas of the semiconductor value chain that should be long-term winners -- and which investors can still scoop up this month.

Artificial intelligence (AI) has become one of the hottest technology trends and is just getting started. The largest tech companies in the world are spending billions of dollars to create new products and services, all while trying to stay on top. But just like with any other investing trend, it's essential to weed out the companies that are merely following the hype to find the ones that are actually leading the way. Here are three AI stocks that are hands-down AI leaders that are buys right now. Nvidia(NASDAQ: NVDA) justifiably gets a lot of attention in the AI world. The company was an early leader in artificial intelligence when it began selling graphics processing units (GPUs) to large tech companies for AI processing.

Fast forward a few years, and Nvidia is still leading the AI charge. It holds an estimated 70% to 95% of the AI chip market and continues to add new products, like its latest H200 chip, to spur new demand. Nvidia CEO Jensen Huang said on the company's latest earnings call that demand for the H200 had already surpassed supply. Tech companies, racing to create the best AI products and services, will continue to upgrade their data centers in the coming years, likely fueling more sales of Nvidia's chips. Huang believes tech companies around the world will spend more than $1 trillion over the next five years investing in AI and doubling the number of data centers. Nvidia and Broadcom are AI infrastructure leaders.

Palantir's AI platform is driving huge growth for the company. Alphabet and GitLab are two AI stocks that are still cheap. Artificial intelligence (AI) continues to be reshaping the world we live in, which can be both exciting and scary. It's also reshaping the stock market, and it is certainly an area you want to invest in. Let's look at the stocks of five AI leaders that would make top stock buys this month. The U.S.

government jumped into the AI race with the announcement of Project Genesis. Project Genesis will likely fuel continued demand for AI investments. The current AI leaders are strong bets for the future, too. It seems the artificial intelligence (AI) race has escalated once again following President Donald Trump's announcement that he has issued an executive order to launch Project Genesis. The administration compared its significance to the famous Manhattan Project, the World War 2 initiative to develop the atomic bomb. Project Genesis aims to develop an artificial intelligence platform utilizing supercomputers and data from various government agencies to accelerate America's efforts in advanced manufacturing, national security, and other key areas.

While it's still early and the executive order didn't detail any specific funding, a federal AI initiative makes it all the more likely that the leading technology companies will continue to benefit from strong... A European AI infrastructure company is quietly outgrowing established cloud giants with purpose-built technology and strategic positioning. The productivity software leader is successfully monetizing AI integration across its massive user base, while competitors struggle with adoption. The social media giant's AI investments are already paying dividends in advertising revenue even as it pursues ambitious superintelligence goals. Artificial intelligence (AI) is one of the most transformative technologies of our time, driving unprecedented advancements in sectors ranging from healthcare and transportation to communications and beyond. For investors, this creates a landmark opportunity to back the companies at the forefront of this revolution.

As we head into August, three companies in particular stand out for their strategic positioning and potential for growth in the AI space.

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