Estimates are that AI infrastructure companies (the software and hardware that drives AI) will grow nearly 30% a year for at least the next five years.
That means you’d more than double your money in just that short time.
Without a doubt, NVIDIA (NASDAQ: NVDA) is the biggest winner so far in this race. It’s also why we’ve been so bullish on this MegaTrend play for years now, across our publications.
It’s not just AI. It’s the fact that NVDA is constantly innovating. It was a leader in cutting edge GPUs (graphical processing units, the “brains” behind today’s computers) before most sectors even understood the value of high-quality representation of data.
It led the first wave of the cryptocurrency interest. It was key in maturing virtual reality (VR) and augmented reality (AR) in gaming and beyond. NVDA has also been highly instrumental in building out self-driving vehicle technology.
Also in this group of MegaTrend players are competitors like Advanced Micro Devices (NASDAQ: AMD), which is also a key player in the sector and will benefit as the demand for AI grows.
It’s also companies like IBM (NYSE: IBM). They’ve been in the AI sector for a very long time, yet are the integrators that help businesses adopt the new technology by getting all the various software to work across an AI platform. This is the crucial aspect of enterprise AI.
IBM has also been busy expanding its hybrid server platforms to allow enterprises to have the flexibility to manage some operations onsite and other operations offsite.
Building functionality into these new AI platforms is the way forward and offers the opportunity to help businesses scale their AI operations.
Another big winner will be Oracle (NASDAQ: ORCL). Like IBM, ORCL is all about helping enterprises integrate and scale AI ecosystems to channel the potential of AI into scalable business models.
There are a number of others that will be winners as the AI evolution plays out. Some are lithography companies that make the machines that build the chipsets. Some are chipmakers. Some license their innovative tech to others.
We spend a lot of time discussing these stocks in our services.
The bottom line: AI is in the beginning stages of a very long bull run. It’s not too late to get involved and be a part of its growth.
