Tech Giants Race to Lead the AI Revolution
• Nvidia is a top AI stock due to its high-powered hardware and software that powers AI applications; its data center revenue and profits are skyrocketing.
• Alphabet was caught off-guard by chatbots like ChatGPT but is fighting back with new AI search features, its own chatbot Bard, and AI chips.
• Amazon utilizes AI across its businesses and is growing revenue double-digits again; the stock trades at a discount.
• Palantir provides a platform for clients to build AI applications and is making strides in both government and commercial sectors.
• UiPath is a leader in robotic process automation to drive efficiency; it has impressive metrics and trades relatively cheaply.