2 Core Artificial Intelligence (AI) Stocks to Buy and Hold Forever [Yahoo! Finance]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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Source: Yahoo! Finance
This technological shift promises to reshape how society operates and create value across every sector of the economy. To this point, a research report by PwC Global projects AI's total economic impact will reach $15.7 trillion by 2030, with $6.6 trillion coming from productivity gains and $9.1 trillion from consumption effects. How can investors capitalize on this powerful trend? Two tech giants stand at the forefront of this tech transformation, each maintaining near-monopolistic positions in crucial segments of the AI value chain. Below I'll examine how these industry leaders have built enduring competitive advantages in AI development and manufacturing that make their stocks compelling long-term holdings. Image source: Getty Images. The AI acceleration powerhouse Nvidia (NASDAQ: NVDA) leads the AI computing market through its graphics processing units (GPUs) and proprietary CUDA software platform. The company's comprehensive ecosystem has locked down an estimated 70% to 95
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NVDA
Earnings
- 11/20/24 - Beat
NVDA
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 4
- 12/16/24 - Form 144
- NVDA's page on the SEC website