Reported 6 months ago
Billionaire investors are investing in top AI stocks such as Nvidia, Alphabet, and Microsoft. Nvidia is favored for its AI chips and strong financial performance, with its stock price soaring. Alphabet leverages AI to enhance its services like Google and YouTube, leading to revenue growth and substantial free cash flow. Microsoft heavily invests in AI across its services and Azure platform, resulting in significant revenue growth and future-focused initiatives like quantum computing. The article discusses whether it makes sense for retail investors to follow suit and invest in these AI-focused companies.
Source: YAHOO