Tag: Semiconductor industry

Investing in artificial intelligence (AI) stocks has resulted in impressive returns for the Baron Opportunity Fund, managed by Mike Lippert, with 33.6% year-to-date as compared to the S&P 500's 11.8%. Lippert believes AI will continue to drive returns for the next 3-5 years, and shares his top picks for companies delivering the biggest returns - Microsoft, Nvidia, and Amazon. These companies lead in incorporating AI into cybersecurity, integrated products, and improving customer shopping experiences. The Baron Opportunity Fund focuses on technology in electric vehicles, genetics-impacting medicine, and cloud computing, and AI themes that will continue driving returns.

Looking to invest in the growing AI market but worried about Nvidia's high stock price? Consider Marvell instead. With a cheaper valuation and expected revenue boosts from AI, Marvell may be the cost-effective investment you've been searching for.