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AI growth

The Motley Fool

•

Technology

3 Artificial Intelligence Stocks (AI) You Can Buy and Hold for the Next Decade

Summary

Nutrition label

77% Informative

The three stocks to buy and hold for the next decade that are expected to capitalize on AI are Amazon , Alphabet and Taiwan Semiconductor .

Cloud computing is one of the biggest beneficiaries of the AI arms race that isn't discussed enough.

The cloud computing market is expected to expand from $676 billion in 2024 to $2.3 trillion by 2032 .

Taiwan Semi is a chip foundry that fabricates chips for clients who cannot do it themselves.

John Mackey , former CEO of Whole Foods Market , an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Keithen Drury has positions in Alphabet , Amazon , and Taiwan Semiconductor Manufacturing . The Motley Fool has positions in and recommends Alphabet , Amazon , and Taiwan Semiconductor Manufacturing . The Motley Fool has a disclosure policy..