Nvidia's High Valuation May Limit Upside as Stable IBM and Partners ServiceNow, Micron Offer AI Investment Alternatives
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Nvidia's stock price has soared recently, but its valuation may limit future upside potential.
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IBM offers a more stable entry point into AI investing with its expertise and moderate valuation.
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ServiceNow provides software to improve workflows and automation, partnering with Nvidia on AI.
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Micron produces memory chips essential for AI servers and could benefit from the next upcycle.
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Micron's new HBM3E memory chips for AI may give it an edge over rivals starting in 2024.