Published -July 6th, 2023 @ 09:17 AM (GMT+2)
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What are AI stocks :
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‍AI stocks represent an opportunity for investors to participate in the growth of a transformative technology. AI technologies, such as machine learning, natural language processing, and robotics, can automate tasks, improve efficiency, and generate insights from large amounts of data, making them valuable tools for a wide range of applications.
Investing in AI stocks can be a strategic move for investors looking to capitalise on these trends.
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AI stocks are shares in companies that are significantly involved in the research, development, or application of artificial intelligence (AI) technologies. These companies can range from large tech corporations such as Google, Nvidia, and Microsoft, to smaller, niche firms that focus specifically on AI. When you invest in AI stocks, you're essentially investing in the future of AI and its potential impact across various industries.

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The Unrivalled Importance of AI Stocks:
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The importance of AI stocks lies in the significant role that AI is expected to play in the future of various industries. AI technologies, such as machine learning, natural language processing, and robotics, are being used to automate tasks, improve efficiency, and generate insights from large amounts of data. This has the potential to disrupt traditional business models and create new opportunities for growth and profitability.

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Why Tech Giants want to invest in AI:
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Tech giants are investing in AI because of its potential to create new business opportunities, provide a competitive advantage, and keep them at the cutting edge of technological innovation.

One of the main reasons tech giants are investing in AI is its potential to create new products and services. AI can be used to develop advanced software and hardware that can perform tasks more efficiently and effectively than humans, opening up new markets and revenue streams. For example, AI is being used to create self-driving cars, voice-activated virtual assistants, and personalised recommendation systems, among other things.
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Companies that can effectively leverage AI technologies can gain an edge over their competitors by improving their operations, making better decisions, and providing superior customer service. This can help them increase their market share and profitability.
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Furthermore, tech giants are investing in AI to stay ahead of the curve in a rapidly evolving technological landscape. The field of AI is advancing at a rapid pace, and companies that fail to keep up risk being left behind. By investing in AI, tech giants can ensure they remain at the forefront of technological innovation.

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4 AI Stocks 

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C3.ai
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C3.ai is an AI company that has generated interest and experienced significant movements in its stock price.While the stock faced a setback after its investor day, it still holds potential for long-term growth. C3.ai's transition to a consumption-based business model shows promising progress in customer agreements and a broadened sales pipeline, leading to expectations of accelerated growth.
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• Market cap: $4.53 billion
• Enterprise value: $3.48 billion 
• YTD: +255.37%
• 12 month Revenue: $266.8 million

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The company's growth is expected to accelerate, and it forecasts revenue growth of 15% in fiscal 2024. 

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IBM:
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IBM is recognized as a leader in AI technology and has been included in a list of stocks linked with the growing trend of generative AI. IBM, is a leading multinational technology corporation headquartered in Armonk, New York, operating in over 175 countries. Its specialisations include computer hardware, middleware, software, and hosting and consulting services.
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• Market cap: $121.39 billion
• Enterprise value: $165.79 billion
• YTD: - 5.57%
• 12 month revenue: $60.53 billion

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Being a key player in AI technology and known for its strategic approach to hybrid cloud and AI, IBM is a potential option for investors interested in the growing AI sector.

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Nvidia:

Nvidia is a leading technology company specialising in GPUs, APIs, and SoC units. It has a strong presence in the AI hardware market and is well-positioned to benefit from the growth in AI technology
The company is positioned to benefit from the growing demand for AI technology, which is expected to contribute trillions of dollars in economic growth over the coming decade. 

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• Market cap: $1.06 trillion
• Enterprise value: $1.04 trillion
• YTD: +199.27% 
• 12 month revenue: $26.97 billion
  
  

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As of July 5, 2023, Nvidia (NVDA), a leading chipmaker company, is recognized for its substantial contribution to the artificial intelligence (AI) domain.

With its innovative products and favorable financial indicators, Nvidia remains a leading player in the technology industry. 

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Microsoft:

Microsoft, as one of the largest technology companies globally, has been actively engaged in the AI sector. The company has been making significant investments in AI research and development, focusing on areas such as machine learning, natural language processing, computer vision, and robotics. Microsoft's stock has experienced significant gains, reaching an all-time high and increasing by over 40% in 2023.

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• Market cap: $2.52 trillion
• Enterprise value: $2.49 trillion
• YTD: +41.56 %
• 12 month revenue: $198.27 billion

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Conclusion:

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The AI sector is highly competitive, with many companies vying for market share. The technology is complex and rapidly evolving, which can make it difficult to implement effectively. There are ethical considerations linked to AI that could influence the performance of AI stocks. Concerns around data privacy, algorithmic bias, and potential job losses due to automation are factors that could shape public perception of AI and, consequently, the value of AI stocks.

Investing platforms like MEXEM could potentially offer tools and resources for individuals interested in investing in the AI sector. Such platforms can provide market data, financial analytics, and trading tools that can help investors make informed decisions. These platforms could also offer educational resources to help investors understand the complexities of the AI sector and the risks and opportunities associated with investing in AI stocks.

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The information on mexem.com is for general informational purposes only. It should not be regarded as investment advice. Investing in stocks involves risk. A stock's past performance is not a reliable indicator of its future performance. Always consult a financial advisor or trusted sources before making any investment decisions.

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