The Artificial Intelligence boom began in the second half of 2022 and since then, we’ve had investors searching for AI stocks that can make big money. Companies are pouring billions into the business and as of 2024, AI has been a winner. While some companies are investing in research, many are pouring money into building new AI applications or creating data centers. AI is set to dominate our lives and there are stocks with solid upside potential.
In the past two years, Nvidia Corp. (NASDAQ: NVDA) stock soared over 600% while Super Micro Computer (Nasdaq: SMCI) was up 800%. While Nvidia managed to generate returns like no other company, it is time to look beyond Nvidia and pick AI stocks that show similar potential.
This post originally appeared at 24/7 Wall St.