AI stocks: Two Alternative Opportunities for Those Who Missed Out on Nvidia

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Investors looking to invest in artificial intelligence (AI) stocks may have missed out on the chance to invest in Nvidia, but there are still options available, according to Interactive Investor’s head of investment, Victoria Scholar. One of her top picks is Microsoft, which has seen its shares rise by around 45% this year, thanks to its AI exposure. Microsoft has already benefited from Open A.I.’s Chat GPT released in 2020 and Microsoft’s AI search tools Bing and Windows operating system. The other recommendation is Dutch chipmaking equipment supplier ASML, whose lithography machines are required to build Nvidia’s most advanced chips. ASML’s stock market valuation is cheaper than that of Nvidia and it faces less competition.

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Frequently Asked Questions (FAQs) Related to the Above News

What are some alternative AI stocks for those who missed out on Nvidia?

According to Interactive Investor's head of investment Victoria Scholar, Microsoft and ASML are two options available for investors.

Why is Microsoft recommended as an AI stock?

Microsoft has seen its shares rise by around 45% this year due to its AI exposure and has already benefited from Open A.I.'s Chat GPT released in 2020 and Microsoft's AI search tools Bing and Windows operating system.

Why is ASML recommended as an AI stock?

ASML is a Dutch chipmaking equipment supplier whose lithography machines are required to build Nvidia's most advanced chips. Its stock market valuation is cheaper than that of Nvidia and it faces less competition.

How does Microsoft's AI exposure impact its stock performance?

Microsoft's shares have risen by around 45% this year due to its AI exposure and the fact that it has already benefited from Open A.I.'s Chat GPT released in 2020 and Microsoft's AI search tools Bing and Windows operating system.

What advantage does ASML have over Nvidia?

While ASML supplies equipment necessary for building Nvidia's most advanced chips, its stock market valuation is cheaper than that of Nvidia and it faces less competition in the market.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Meera Mehta
Meera Mehta
Meera is our dedicated writer and manager for the AI Stocks category. With her expertise in finance and a deep interest in the AI industry, Meera keeps a close eye on AI-related stocks and market trends. Her articles provide valuable insights into the financial aspects of AI, helping investors navigate this exciting and dynamic sector.

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