AI Transformation Fuels 'AI Five' Tech Stocks
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Forget FAANG and Magnificent Seven stocks. The "AI Five" are the new hot stocks Nvidia, Microsoft, Taiwan Semiconductor, AMD, and Broadcom.
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AMD and Broadcom are two AI Five stocks to consider buying now.
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AMD is growing fast thanks to its new MI300 data center and Ryzen AI consumer chips for AI workloads.
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Broadcom spent nearly $100B on acquisitions to expand into AI software and data center infrastructure.
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Broadcom trades at a discount despite 40% expected revenue growth next year from VMware acquisition.