4 No-Brainer AI Chip Stocks to Buy Right Now
Spending on artificial intelligence (AI) infrastructure is set to see a big boost this year, which will undoubtedly help a number of semiconductor stocks with ties to AI chips. For example, the big three cloud computing companies -- Amazon, Microsoft, and Alphabet -- budgeted a combined $255 billion in growth capital expenditures (capex), largely related to AI infrastructure, this year. Meanwhile, Meta Platforms announced that it will spend up to $65 billion on AI infrastructure.