"Top AI Stock Picks for Explosive Growth in 2024"

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Source: The Motley Fool
"Top AI Stock Picks for Explosive Growth in 2024"
Photo: The Motley Fool
TL;DR Summary

The S&P 500 has reached a new high, largely due to the growth in the AI sector, which is projected to expand at a compound annual growth rate of 37% until at least 2030. Two AI stocks to consider investing in 2024 are Alphabet, which has unveiled its highly anticipated AI model, Gemini, and Advanced Micro Devices, which is challenging Nvidia in AI with its MI300X AI graphics processing unit. Both companies show promising potential for growth in the AI industry.

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