AI is steadily entering all spheres of human life. It is the future. That is why large companies are constantly introducing new technologies and fighting for supremacy among AI developments. For 2023, companies from the technology sector have made their way to the leaders — their shares have shown excellent growth (~ +55.97%).
Which companies are using AI
The top AI companies include almost all of the “Magnificent Seven” companies. But the main rating is headed by the following:
NVIDIA
NVIDIA is developing its artificial intelligence software platform called NVIDIA Clara, which is focused on developing artificial intelligence systems for healthcare. NVDA can rightly be considered one of the major headliners in the growth of the technology sector.
Microsoft
Microsoft is investing heavily in AI research and its Microsoft Research division is leading the way in developing AI systems capable of solving various problems. Because of AI, MSFT has broken into the top spot as the world’s most valuable public company, overtaking Apple.
Google is one of the leading companies in the field of AI. Its Google Brain division develops advanced machine learning algorithms for applications. Google is investing in AI research, and its DeepMind subsidiary is leading the way in developing AI systems that can solve complex problems, and play games.
Amazon
The company is using AI to transform retail. Its Alexa system is one of the most popular voice assistants in the world. Its Amazon Web Services division offers AI services to a variety of businesses.
Tesla
The company’s unmanned driving technology is based on advanced artificial intelligence algorithms that can analyze data from cameras, sensors, and radar to make decisions on the road.
Apple
Not too long ago, the company closed its electric car development department and most of the specialists moved to the AI development department. So Apple, albeit a bit late, is getting fully involved in the AI race.
Which AI stocks are worth investing in?
Contrary to some analysts, the AI bubble is still in its early stages. AI technology is noteworthy because its impact on the world is comparable to the emergence of the Internet. A great solution for buying stocks that develop or use AI will be NVDA, MSFT, GOOG, AAPL, AMZN, and TSLA. All of these companies and many others can be easily traded in the MOVO app. And thanks to the possibility of using a multiplier, you can increase your potential profit many times over. Take Profit/Stop Los orders, which are flexibly configurable and easy to use, will also help to secure your position.
Which AI stocks are the most volatile in price to make money?
The most volatile asset right now is NVDA. The stock is up 289.7% year-to-date, and the asset is just a little short of $1,000. On the MOVO platform, there is an option to split shares. Also, do not forget that there is an opportunity to make money on the price drop. So even on the most “overheated” shares you can increase your capital many times over.
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