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3 No-Brainer AI Stocks to Buy Right Now [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Given that the AI trend still appears to be in its early innings, though, it looks like a number of them could help drive the market higher next year as well. These three AI stocks, in particular, are all trading at reasonable valuations and look look smart buys right now. 1. Nvidia Nvidia (NASDAQ: NVDA) has been the biggest winner of the AI infrastructure build-out, as its graphic processing units (GPUs) are the go-to chips for data centers to use for their computing processing needs to train large language models (LLMs) and run AI inference. As AI models advance, they need more and more computing power. For example, xAI and Meta Platforms both used 10 times as many GPUs to train their latest LLMs than they used for their prior versions. It is this continuing need for exponentially more computing power as well as the wide moat the company created with the help of its CUDA software platform that make Nvidia a buy right now. CUDA was initially created to make it easier for deve
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