Here are 3 Ai stocks to outperform Nvidia going forward.
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While Nvidia stock has risen 1200% in the past few years, here are 3 AI companies benefiting that haven’t yet seen the same run up in price: Applied Materials (NYSE: AMAT), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Symbotic (NYSE: SYM). Constellation Energy (CEG) is a bonus nuclear energy stock that is benefiting from the same AI trends.
These four companies represent the three main segments of the growing AI industry: Wafer Fabrication Equipment, Foundry, Application (in this case Robotics), and Energy. Of these companies, I currently own a position in TSMC, but I’m actively considering investing in the other three. My thesis is that these more hardware-focused AI companies that have not yet run up in price that same way AI stocks like Nvidia or Microsoft have, putting them at an advantage as the market matures and begins to reshape the economy over the coming years, while Constellation Energy (CEG) offers a way to bet on the growth of AI without investing in the technology directly.
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I am not a financial or investment advisor. Everything in this video is for entertainment purposes only. Links above include affiliate commission or referrals, and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
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